Friends – Activity – abudding

Seth Golden posted an update 2 years ago

Morgan Stanley’s Mike Wilson

Seth Golden posted an update 2 years ago

Wells Fargo’s Scott Wren: Not likely to break technical resistance to upside
Fed still signaling terminal rate is higher than market
is pricing
Economy slows, sales slow, margins contract
Stay defensive

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Seth Golden posted an update 2 years ago

J.P. Morgan’s Marko Kolanovic

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Seth Golden posted an update 2 years ago

Is Wall Street setting too low a floor for Q4 earnings season?

For Q4 2022, analysts are projecting an earnings decline of -4.1% and revenue growth of 3.8%.

For CY 2023, analysts are projecting earnings growth of 4.8% and revenue growth of 3.2%.

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Seth Golden posted an update 2 years ago

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Seth Golden posted an update 2 years ago

When the NEW YEAR changed the TREND!

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I could keep going, but it’s New Year’s Day

Ya’ll remember high in 2022? Often trend changes/exacerbates first 2 weeks of January.

Seth Golden posted an update 2 years ago

Finom Group will issue its First 2022 State of the Market on Monday January 2, 2023. Happy New Year to everyone!

Seth Golden posted an update 2 years ago

J.P. Morgan LTCM 2023 Outlook

Seth Golden posted an update 2 years ago

Fundstrat Tom Lee: Calendar will drop 2 and add 3 shortly. Dont be surprised if Fed tenor drops and adds some. Core Y/Y PCE tracking < than 4.8% projected by Fed for year-end '22. If Dec. PCE same as Nov. PCE, will be ~60bps < than Fed projected. Hike, really?