Stocks Are on the Rise, but Earnings Could Drag Them Down Again

  • 📰 WSJ
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

Markets have had a good run in recent weeks. But some investors expect unimpressive earnings to send stocks lower again.

are slated to report quarterly results. Investors will also parse data on the health of the economy, with the latest consumer-confidence reading, gross-domestic-product estimate and the Labor Department’s monthly jobs report on deck.

“My view is that estimates are significantly too high going into 2023,” said Benjamin Kirby, co-head of investments and portfolio manager at Thornburg Investment Management. “There’s a lag of when that tighter monetary policy finds its way into actual company earnings.” For investors who believe earnings estimates have more room to fall in 2023, stocks look even pricier on a forward-looking basis.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The Islamic Republic of Iran is trying to use the World Cup to normalize the situation in Iran, they have sent mercenaries and repressive forces to Qatar in normal clothes to make the situation seem normal, please be our voice, we are now under bullets torture and death sentence

Market manipulation. The largest trading firms buying, pumping, and dumping.

those are the investors who missed the turnaround and looking to convince you to give them second chance on lower price, simply ignore and follow 10 yield, JPM predict its going down to 3.25 during 2023 buy now or regret later

Invoke Powell.. he will take care of it..

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock rally on strong retail earnings, moderated Fed messagingA roundup of the week on Wall Street. DOW 34347 25 - 30 Nov. 2022 DOW 35131 RSI(M): 5020% Share hundreds of billions of dollars of daily liquidity and low-cost resources to enhance economic growth, and continue the process of human civilization. Taiwan 5-3 Password (5) - Wave (3) Guidelines Buy/Sell Data : Waveform
Source: washingtonpost - 🏆 95. / 72 Read more »

STOCK MARKET NEWS: Futures rise, Black Friday shopping, Ford recallWalmart shooting prompts workplace violence prevention talks. Musk mulls action on suspended Twitter accounts. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.
Source: FoxBusiness - 🏆 458. / 53 Read more »

Stocks making the biggest moves premarket: Activision Blizzard, Tesla, Manchester United and othersThese are the stocks posting the largest moves before the bell.
Source: CNBC - 🏆 12. / 72 Read more »

Is the stock market open on Black Friday? Here's the post-Thanksgiving trading schedule.Here's the trading schedule for stocks and the bond market as investors prepare for Thanksgiving.
Source: MarketWatch - 🏆 3. / 97 Read more »

U.S. stocks open mixed on short trading dayU.S. stock indexes opened mixed on Friday as investors assessed Fed rate policy outlook and weighed China's key bank-reserve's rate cut as COVID-19 cases... $The meme market is where it’s at!!
Source: MarketWatch - 🏆 3. / 97 Read more »