News Formal

U.S. earnings recession fades but Wall Street is expensive

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 92%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

For those investors with a multi-year horizon, Wall Street’s growth potential and appeal relative to Treasury debt may dim considerably if borrowing costs don’t return to recent historically low levels

A U.S. earnings recession that was consensus thinking only a few months ago has evaporated out of view which, on the face of it, should be a tailwind for Wall Street into next year.

This would be the worst quarter in three years but not part of a technical recession – first-quarter growth was a slender 0.1 per cent and third-quarter estimates are around 1 per cent. “2024 earnings estimates have held up pretty well, we’re at high levels now,” notes Howard Silverblatt, senior analyst at S&P Global. “You are paying a nice premium here. Hopefully it’s worth it.”

That’s the broad conclusion of a paper last year by Robeco’s head researcher David Blitz, who analyzed equity risk premia across a range of countries from data that goes back more than 120 years.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 5. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Stock market today: Wall Street drifts ahead of updates on inflation, profitsStocks are drifting on Wall Street Monday ahead of a week with updates on where inflation and corporate profits are heading.
출처: CTVCalgary - 🏆 26. / 68 더 많은 것을 읽으십시오 »