A rate shock wrecked stocks in 2022. What pros say will drive markets in 2023. - MarketWatch

 add   US Stock Market Outlook for Full Year 2023

Published Jan 02 '23

Prediction  

Investors, however, “are anticipating an economic recession to materialize early in 2023, as evidenced by the three quarters of projected S&P 500 index earnings declines and continued defensive sector leanings,” said Sam Stovall, chief investment strategist at CFRA, in a Wednesday note. “The severity of the recession remains in question. We expect it to be mild.”


 

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