Why stock-market bulls are ‘woefully myopic’ about S&P 500 profit growth --- even before the impact of a potential recession

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 97%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

Why stock-market bulls are ‘woefully myopic’ about S&P 500 profit growth — even before the impact of a potential recession

Wall Street forecasts for the S&P 500 to see single-digit profit growth in 2023-24 seem “woefully myopic,” with the U.S. stock-market benchmark’s historically high operating margins being a “material risk,” according to Morgan Stanley’s wealth-management division.

“We worry that the bulls fail to analyze the current situation in a historical context,” said Lisa Shalett, chief investment officer at Morgan Stanley Wealth Management, in a note Monday. “Yes, margins have begun to come down from their 2021 peak, but that doesn’t mean that they are not vulnerable to aggressive monetary tightening.”

On a trailing four-quarter basis, S&P 500 operating margins are above their rolling 10-year average, a chart in her note shows. Read: Morgan Stanley’s Mike Wilson warns U.S. stocks could slump another 22% if recession arrives in 2023

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 3. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Stock market outlook: S&P 500 could fall 22%, Morgan Stanley saysThe S&P 500 could fall another 22% and investors' view of more downside for stocks is too mild, Morgan Stanley says didn't they help Bernie Madoff? OneMargaretx Eat The Rich
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »