With 79% of companies reported, S&P 500 Q4 GAAP earnings are
down 23% year-over-year, the 3rd straight quarter of
negative YoY growth and the largest decline since Q2 2020 |
00:01 -
15/02/23 |
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Forward earnings growth is now negative, Morgan Stanley's
Chief U.S. Equity Strategist and Chief Investment Officer
Mike Wilson points out. Each of the four times that has
happened since 2000, stocks have had a meaningful correction |
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America's 4th largest bank, says the bear market is over,
but it is not the great reflation |
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Russia sets a new record for weekly troop losses in Ukraine
and quadruples its rate of cruise missiles lost to 61. |
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JPMorgan CEO Jamie Dimon says the Fed may need to lift its
benchmark interest rate above 5%, Reuters reports |
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