"legislative gridlock." But she warns economic concerns will intensify next year as the impact of rising rates becomes clear.
The"most concerning" issue facing markets is"unrealistic earnings expectations" for next year—though companies have since started their forecasts to account for slower economic growth—and Morgan Stanley projects the cuts will only continue, pushing the S&P down to 3,900 points at the end of next year, 1% below the current level of 3,950."Don’t conflate the beginning of the end of the bear market with the end itself," says Shalett."Investing by looking through an economic slowdown and downshift in earnings is likely to prove dangerous."Last month’s inflation data, which showed consumer prices rose 7.
No one knows but you can possibly get an edge for the next day using the Wisdom Market app
It not over. Far away with current administration war on energy
Is it possible that rich people scare less-rich people with these news? To get them out from stocks/crypto so that rich can buy in cheaper? As guys wtf we all know that big banks are ready soon to buy in big time. They are already doing that all the time. Just not so visible..👽
Sell your stuff.
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