As concerns over a looming recession push stocks to five-week lows, a growing rash of experts warn the volatility should only continue in the coming weeks, as uncertainty grows over the holidays and into the start of earnings season next month, when corporations are poised to reveal just how much the cooling economy has put a dent in corporate profits....
What follows may be worse: In a Tuesday note, Morgan Stanley analysts warned"the high risk" of an earnings recession could push the S&P 500 down to 3,000 points some time in the first quarter, erasing as much as 24% in value as the effects of aggressive Fed policyThe analysts believe companies will start cutting profit expectations during the fourth-quarter earnings season beginning in mid-January and running through February—ushering in the steep market decline as companies start...
Morgan Stanley's Katy Huberty acknowledges the call is"widely viewed as too aggressive" by other Wall Street analysts, but the investment bank also correctly predicted this year's bear market and holds a year-end price target of 3,900—roughly in line with current levels. "Things will get worse before they get better," says Bank of America analyst Savita Subramanian, positing the S&P will fall a less-severe 14% to 3,400 by next summer as corporate earnings fall between 10% to 15%.Thursday, with the Dow Jones Industrial Average at one point tumbling more than 900 points.
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Joe is going to need much more paint in order to continue to paint his picture of an economy, inflation getting better. How much does it take before people realize how bad it is and how bad it’s going to get.
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SEC Proposes Rules That Would Squeeze Stock-Market MiddlemenRegulators are set to propose the biggest changes to U.S. stock-market rules since the mid-2000s, aiming to give small investors better prices on their trades. Removing PDT restrictions 🤣 If absolutely everyone isn't made whole, the systematic retribution will most likely be handed out in person to each and every one of these criminals at their homes for robbing from WeThePeople.... There will be a hefty price to pay... im guessing... imo Microbiology student MahsaMohammadi arrested and imprisoned 50 days ago by security forces. She has been charged with blasphemy “Cursing the Prophet' in a tweet. She is facing the risk of execution now. MahsaAmini
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5 things to know before the stock market opens WednesdayHere are the most important news items that investors need to start their trading day. 1 crypto is open 24/7/365. Fvck Wednesday. APPL will buy TSLA soon Lol Avoid DNC at all costs
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