The stock market's biggest risk in 2023 is a drop in corporate earnings, even if the economy avoids a recession

Dec 28 2022 by Business Insider

 
Traders work the floor of the New York Stock Exchange during morning trading on May 05, 2022 in New York City.

Michael M. Santiago/Getty

The stock market's biggest risk in 2023 is a decline in corporate earnings, according to Ned Davis Research.NDR said even without a recession, profit margins could fall if "wages prove to be sticky.""The direction of earnings revisions is likely to be down regardless of whether Powell can find some of Greenspan's 1994 soft-landing magic."

The stock market's...

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