Bears Pile On As Calls For Selloff Reach Fever Pitch

The vast majority of bank clients are confused about the resilience of stocks in 2023, even as many see no choice but to jump aboard a moving train. Maybe this is the week equities come around to the reality of the hawkish repricing in rates, maybe it isn't, but one thing's for sure: Many Wall Street strategists are skeptical of the narratives supporting the case for additional upside. You can count Credit Suisse's Andrew Garthwaite among them, apparently. "Most clients (c. 80%) have been surp