The worst earnings recession since 2008 could hit stocks next year, Morgan Stanley chief equity strategist Mike Wilson says

Dec 19 2022 by Business Insider

 
Morgan Stanley chief equity strategist Mike Wilson.

Bloomberg TV

Stocks could be hit next year by the worst earnings recession since 2008, according to Morgan Stanley's Mike Wilson. "We're looking for an earnings recession that could be as big of a surprise to the market as it was in '08." An earnings recession is likely not priced into the market yet, Wilson said, warning investors of more downside to come.

The worst earnings recession since 2008 could hit stocks next year, according to...

Continue Reading The worst earnings recession since 2008 could hit stocks next year, Morgan Stanley chief equity strategist Mike Wilson says