Reply To: Traders Market Weekly: Stock and Bond Bear Markets Hover

#36257
Truman
Participant

Morgan Stanley “meaningful downside” for the S&P500

Analysts think the index has downside to at least 3800 in the ‘near term’ and possible to 3460 the 200-week moving average if forward 12 month EPS start to fall on margin and/or recession concerns

MS adds note the S&P 500 real earnings yield is the most negative since the 1950s and that to them this
suggests we have meaningful downside at the index level as investors figure this out