“ Earnings recession will surprise investors, drag market down in 2023, says Mike Wilson Next year’s story for the stock market is all about earnings, which are going to fall significantly, said Morgan Stanley’s Mike Wilson. That rapidly slowing growth isn’t priced into the market yet, he said in an interview with “Squawk Box” Thursday. “People assume earnings are going to come down, but it’s the magnitude of that decline and how fast it’s going to happen — we think that is where the surprise is,” said Wilson, the firm’s U.S. equity strategist. “That negative operating leverage that we see from that falling inflation… is what is going to hurt margins, and that’s irrespective of whether there is an economic recession.” He’s predicting 11% decline in year-over-year growth for S&P 500 companies next year. While his year-end target for the index is 3,900, he anticipates it will drop to between 3,000 and 3,300 in the first quarter. The earnings recession will be brought on by a whole host of reasons, including an economy that has been overstimulated, demand destruction from higher prices and the Federal Reserve’s rate hikes this year, Wilson said. There will also be a reaction from corporations. “At some point confidence just fails and the corporations stop sending because they’re like, ‘We’ve got to batten down the hatches a little bit,’” he said. ”
“ Earnings recession will surprise investors, drag market down in 2023, says Mike Wilson
Next year’s story for the stock market is all about earnings, which are going to fall significantly, said Morgan Stanley’s Mike Wilson. That rapidly slowing growth isn’t priced into the market yet, he said in an interview with “Squawk Box” Thursday.
“People assume earnings are going to come down, but it’s the magnitude of that decline and how fast it’s going to happen — we think that is where the surprise is,” said Wilson, the firm’s U.S. equity strategist. “That negative operating leverage that we see from that falling inflation… is what is going to hurt margins, and that’s irrespective of whether there is an economic recession.”
He’s predicting 11% decline in year-over-year growth for S&P 500 companies next year. While his year-end target for the index is 3,900, he anticipates it will drop to between 3,000 and 3,300 in the first quarter.
The earnings recession will be brought on by a whole host of reasons, including an economy that has been overstimulated, demand destruction from higher prices and the Federal Reserve’s rate hikes this year, Wilson said. There will also be a reaction from corporations.
“At some point confidence just fails and the corporations stop sending because they’re like, ‘We’ve got to batten down the hatches a little bit,’” he said.
”
这样的环境下，一时半会全球主要股市很难好
Early sell-off gains momentum
跌对我来说是好事，又有机会入货了
此话说的，CNBC，Bloomberg 电视还每天一天到晚谈股市呢
同是混时间，比本版天天开贴说某某几十年前的美人长得如何如何美谁谁又阳了等还是有意义一点
道指千点
有点去逛超市，发现自己喜欢吃的水果大促销，一个个水灵灵的，价格便宜得有点百年不遇，那种喜悦的感觉？
呵呵，很形象啊，而且不买就感觉亏了一个亿，有木有？
以一亿的现金跻身于2亿的资本里，这是跨间层的突破啊。是不是应该all in 呢？
这是哪儿跟哪儿啊？我在回复那个MM的形象比喻啊。
唉，早没看见你说，昨天就抄在山顶上了。
会不会近底呢？现在进不会炒在半山腰吧？
今年还有Santa rally吗 还是会像2018?
现在肯定半山腰
就是有些韭菜一抬头，
人家就顺手再割一茬
https://m.huaren.us/showtopic.html?topicid=2873768&postid=95601988#95601988
我早指出了。不幸被转去了华人闲话2。你看不到。
暴跌5%就在眼前
那咋整？不玩儿股票？
你们这些人口袋真深
原来如此，从来不去闲2.
是站长，是站长！ 站长最爱德国好，民主党最进步
不可能有santa rally，像2018吧。 感觉一个半月左右spx会跌倒3500
明天股市该涨吧？
感觉就算涨也得先跌一下，然后再涨起来？