The Stock Market Rally Is Likely To Vanish As Earnings Estimates Deteriorate

Seekingalpha2023-11-20

S&P 500 gains driven by multiple expansion as earnings estimates for Q4 and Q1 fall.Sales growth expected to turn higher despite inflation rate coming down, but may stall due to slower economic growth...

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

  • Merdeka1981
    2023-11-20
    Merdeka1981
    There's always someone who will come in the middle of a rally and jinx everything. In Hokkien, that's called "suay chui".
  • AlfonsoDex
    2023-11-20
    AlfonsoDex
    Yes, theres always these prophets of doom. All BS. Even if it happens its time to buy more.. The up side is so much more. 
  • ZackChia
    2023-11-20
    ZackChia
    Anyone who agrees to this bullshit should sell now lol. A bull run is uet to even start. Move on
  • TigerHulk
    2023-11-20
    TigerHulk
    I agreed with you totally. The high interest rates will impact the earnings of the companies and with a slower growth, stock prices should adjust intandom or else will have an serious effect of over valuations. 
Leave a comment
4
1