‎Bloomberg Surveillance: Surveillance: Earnings Recession with Wilson on Apple Podcasts

Mike Wilson, Morgan Stanley Chief US Equity Strategist, says a "nasty earnings recession" could be coming. Jordan Rochester, Nomura G-10 FX Strategist, says the euro can stay supported through January. Amrita Sen, Energy Aspects Director of Research, says China will need all energy products when it reopens. Greg Valliere, AGF Investments Chief US Policy Strategist, discusses the House of Representatives failing to elect a speaker.

Mike Wilson, Morgan Stanley Chief US Equity Strategist, says a "nasty earnings recession" could be coming. Jordan Rochester, Nomura G-10 FX Strategist, says the euro can stay supported through January. Amrita Sen, Energy Aspects Director of Research, says China will need all energy products when it reopens. Greg Valliere, AGF Investments Chief US Policy Strategist, discusses the House of Representatives failing to elect a speaker.

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Stocks in 2023: Many strategists think prices will be higher but earnings lowerThe core message: there will be a certain amount of `Suspension of Disbelief' necessary to (again) navigate through the new year. Of course when prices up people buy less You should post all the predictions about 2022 and see well those fares or flopped. Corporate GREED (fancy term inflation) is a POWERFUL motivator of bonuses in the C-Suite until DEMAND destruction occurs and the really have to compete for each dollar.
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