Top Strategist Sees ‘Moment Of Recognition’ For US Stocks

For just the fifth time in nearly a quarter century, the forward earnings growth forecast for the S&P 500 is negative. If you ask the man typically identified by the mainstream financial media as Wall Street's most ardent bear, that may constitute a "moment of recognition" for an equity market which hasn't yet discounted growth risks. 2022's grinding, "crashless" bear market for stocks was mostly a de-rating story as yields rose and the Fed rapidly turned the screws in a belated attempt to

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