Stock-market optimism that the peak of inflation is behind us leaves little room for error, says Kramer of Mott Capital Management
He said many investors are insufficiently prepared for what’s around the corner.
Corporate earnings are set to take a hit and Wall Street isn’t properly anticipating it, Morgan Stanley’s Mike Wilson warns. And when earnings fall, so will stocks.
Brace for a tough year for global economic growth, Citi warns.
Risky asset valuations are well above recessionary levels and earnings are skewed to the downside next year, strategists say
The war in Ukraine, rising interest rates, and lockdowns in China are all weighing on global growth.