Morgan Stanley Anticipates Temporary Earnings Dip for S&P 500 Companies in 2023, Followed by Strong Rebound in 2024.

Morgan Stanley predicts 16% drop in S&P 500 profits in 2023, followed by a strong rebound in 2024 due to accommodative Federal Reserve policy.

Positive factors, including AI-related tailwinds, buoy market indexes.”

The Wall Street Bank highlights the expectation of a significant earnings rebound