Earnings Outlook - Truenewj

Experts doubt end-of-year stock rally: views of Morgan Stanley’s Michael Wilson

amefika8 months ago02 mins

Many people expected the stock market to rise at the end of the year. But a smart person at Morgan Stanley, Michael Wilson, says that might not happen. He said: “We are not very likely to see the stock market rise much in the latter part of the year.” Wilson is really good at figuring…

Economic outlook slows recent S&P 500 rally

amefika8 months ago04 mins

Despite the stock market’s strong performance this week, there are growing fears about the earnings outlook for American companies. A significant number of companies offering guidance for the next quarter and beyond have offered estimates that are below analyst expectations. This has led to a forward guidance indicator, which compares corporate forecasts to the Wall…