The S\u0026amp\u003BP 500 entering a bull market has left Morgan Stanley and Goldman Sachs split on the way forward. Find out more.
Wilson said the pause could mark the end of the rally “in an ironic twist” as liquidity tightens. The strategist expects S&P 500 earnings to drop 16 per cent this year before a sharp recovery in 2024.
Wilson ranked No. 1 in last year’s Institutional Investor survey after correctly predicting the selloff in stocks, but his outlook for further declines in 2023 has proved wrong so far.Article content “Prior episodes of sharply narrowing breadth have been followed by a catch-up from a broader valuation re-rating,” strategists led by Kostin said in a note on June 9.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Oil slumps on demand woes as Goldman cuts outlook again - BNN BloombergOil extended losses amid persistent concerns around the demand outlook as Goldman Sachs Group Inc. cut its price forecast again.
Read more »
Analysis | It’s hard to bet against Vegas after Game 4 win in Stanley Cup finalChandler Stephenson scores twice in Saturday night’s victory over the Florida Panthers. The Knights can clinch on home ice Tuesday night.
Read more »
Stanley Cup Playoffs Day 54: Stephenson strikes twice to push Vegas within one winWilliam Karlsson also scored for Vegas, which took a 3–1 series lead over Florida in the 2023 Final.
Read more »
Vegas Golden Knights hold off Florida Panthers 3-2, now one win from Stanley Cup titleThe Vegas Golden Knights are on the verge of winning the first Stanley Cup title in franchise history after holding on to beat the Florida Panthers 3-2 in Game 4 of the final Saturday night.
Read more »
Herons' 'primal' screams from Stanley Park treetops herald another eagle raidAlmost daily, tennis players in Stanley Park have a front-row seat as an eagle swoops in to snatch a heron chick from its nest.
Read more »