
“I think it created this narrative that the worst is behind us…the recession happened somehow magically last year,” JPMorgan’s top strategist told CNBC Tuesday. “We don’t agree.”

“I think it created this narrative that the worst is behind us…the recession happened somehow magically last year,” JPMorgan’s top strategist told CNBC Tuesday. “We don’t agree.”
Stock-market optimism that the peak of inflation is behind us leaves little room for error, says Kramer of Mott Capital Management
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.

Risky asset valuations are well above recessionary levels and earnings are skewed to the downside next year, strategists say
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