Citi, Morgan Stanley Disagree on Earnings Impact for US Stocks

Bloomberg2022-07-11

Citigroup Inc. and Morgan Stanley strategists are split over whether earnings can provide the much-needed fuel for US equities in the second half of the year.Battered US stocks are likely to rally in ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

diancik
2022-07-12
diancik
[Like]
Yappy
2022-07-11
Yappy
Like
FattAgain69
2022-07-11
FattAgain69
Difference in views as well as their payment of dividends. Citi while bullish has stopped increasing their dividend payouts whereas Morgan Stanley is the opposite (still with more dividends).
Firework peh
2022-07-11
Firework peh
Noted

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1147865669?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-07-11 20:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1147865669","market":"us","top_or_hot":-1,"title":"Citi, Morgan Stanley Disagree on Earnings Impact for US Stocks","media":"Bloomberg","content":"<div>\n<p>Citigroup Inc. and Morgan Stanley strategists are split over whether earnings can provide the much-needed fuel for US equities in the second half of the year.Battered US stocks are likely to rally in ...</p>\n\n<a href=\"https://finance.yahoo.com/news/citi-strategists-expect-rally-us-081558470.html\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Citi, Morgan Stanley Disagree on Earnings Impact for US Stocks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCiti, Morgan Stanley Disagree on Earnings Impact for US Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-11 20:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/citi-strategists-expect-rally-us-081558470.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Citigroup Inc. and Morgan Stanley strategists are split over whether earnings can provide the much-needed fuel for US equities in the second half of the year.Battered US stocks are likely to rally in ...</p>\n\n<a href=\"https://finance.yahoo.com/news/citi-strategists-expect-rally-us-081558470.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"C","symbol_name":"花旗","start_time":0,"source_url":"https://finance.yahoo.com/news/citi-strategists-expect-rally-us-081558470.html","article_id":"1147865669","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1147865669","pubTimestamp":1657540816,"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"Citigroup Inc. and Morgan Stanley strategists are split over whether earnings can provide the much-n","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"C":"花旗","MS":"摩根士丹利"},"translate_title":"花旗和摩根士丹利对美国股票收益影响的分歧","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"C":0.9,"MS":0.9},"content_text":"Citigroup Inc. and Morgan Stanley strategists are split over whether earnings can provide the much-needed fuel for US equities in the second half of the year.Battered US stocks are likely to rally in the remainder of 2022 as corporate earnings remain resilient to surging inflation and slowing economic growth, according to Citi.“Current risk-off positioning and second-half earnings resilience set up for a mean reversion trade higher into year end,” Citi strategists led by Scott T. Chronert wrote in a note on Friday. They expect the S&P 500 to finish this year at 4,200 -- about 7.7% higher from the latest close and a 12% drop for the full year.This view stands in sharp contrast to that of Morgan Stanley’s Michael J. Wilson, one of Wall Street’s most vocal bears, who says that US earnings face another “massive headwind” from a surging dollar and expects the recent rally in stocks to fizzle out. Wilson says the S&P 500 bear market will continue, and sees fair value at 3,400-3,500 in case of a soft landing and 3,000 in a recession--23% downside from the Friday close.Citi strategists see the US economy remaining resilient in the second half, and say the recession risk is more likely in early to mid-2023. They point out that there’s a strong correlation between the Federal Reserve’s rate trajectory and earnings growth, and in the past it’s been common for earnings to rise as the Fed tightens its policy and to contract as the Fed switches to easing in response to economic weakness.“The inflation surge beginning about this time a year ago has mostly been an incremental positive for earnings growth,” strategists wrote. “We don’t expect a new structural paradigm at this point, but do think that current earnings tailwinds can continue in the immediate term.”US stocks have slumped this year as a toxic mix of surging prices and hawkish Federal Reserve fueled fears of an economic recession. The S&P 500 has attempted to rebound after falling into a bear market, but gains have been capped by fears that the second-quarter earnings season, which kicks off this week, will show sharp cuts to company guidance amid a deteriorating consumer outlook.“Any combination of slowing economic activity, decelerating inflation reads, or a pause in expected Fed path would trigger a stronger finish to the year,” Citi strategists said.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9071472431,"gmtCreate":1657583498523,"gmtModify":1676536028625,"author":{"id":"3585632132174680","authorId":"3585632132174680","name":"diancik","avatar":"https://community-static.tradeup.com/news/ed8acea6794ef2106a5f6688a4e53f9b","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3585632132174680","idStr":"3585632132174680"},"htmlText":"[Like]&nbsp;","listText":"[Like]&nbsp;","text":"[Like]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9071472431","repostId":1147865669,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9071258445,"gmtCreate":1657545424187,"gmtModify":1676536022766,"author":{"id":"3572077804076143","authorId":"3572077804076143","name":"Yappy","avatar":"https://static.tigerbbs.com/ab4d89913ade03f15c782b99132ba22f","vip":1,"crmLevel":6,"crmLevelSwitch":0,"authorIdStr":"3572077804076143","idStr":"3572077804076143"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9071258445","repostId":1147865669,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9071222451,"gmtCreate":1657544203173,"gmtModify":1676536022613,"author":{"id":"4107015407846850","authorId":"4107015407846850","name":"FattAgain69","avatar":"https://community-static.tradeup.com/news/a4e3d511c15de9227ee9ebca3021f903","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"4107015407846850","idStr":"4107015407846850"},"htmlText":"Difference in views as well as their payment of dividends. Citi while bullish has stopped increasing their dividend payouts whereas Morgan Stanley is the opposite (still with more dividends).","listText":"Difference in views as well as their payment of dividends. Citi while bullish has stopped increasing their dividend payouts whereas Morgan Stanley is the opposite (still with more dividends).","text":"Difference in views as well as their payment of dividends. Citi while bullish has stopped increasing their dividend payouts whereas Morgan Stanley is the opposite (still with more dividends).","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9071222451","repostId":1147865669,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9071223200,"gmtCreate":1657543627800,"gmtModify":1676536022475,"author":{"id":"3557460658824677","authorId":"3557460658824677","name":"Firework peh","avatar":"https://static.tigerbbs.com/9873e8ddb08004279796752daf19a999","vip":1,"crmLevel":7,"crmLevelSwitch":1,"authorIdStr":"3557460658824677","idStr":"3557460658824677"},"htmlText":"Noted&nbsp;","listText":"Noted&nbsp;","text":"Noted","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9071223200","repostId":1147865669,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":52,"commentSize":4,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1147865669"}