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