Morgan Stanley analysts have warned the U.S. stock market could plunge by another 22% this year because investors are underestimating corporate earnings.
Macromavens President Stephanie Pomboy shares her insight on the 2023 market outlook on ‘Maria Bartiromo’s Wall Street.’could face even steeper losses in 2023 than many investors currently expect, according to Morgan Stanley strategists.
"The consensus could be right directionally, but wrong in terms of magnitude," Wilson wrote in the note.
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