Stocks won't be hit as badly by weakening corporate earnings in 2023 as many think, BlackRock strategist says

Dec 9 2022 by Business Insider

 

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Stocks won't be hit as badly by weak corporate earnings in 2023 as some think, according to BlackRock's Kate Moore. Moore noted that while recession fears are high, firms are preparing for a recession, which could buffer the market from losses. "There's a decent probability that the super bearish economic and earnings calls for 2023 are not going to prove right," she said to Bloomberg.

Stocks won't be hit as badly by weakening corporate earnings in 2023 as many...

Continue Reading Stocks won't be hit as badly by weakening corporate earnings in 2023 as many think, BlackRock strategist says