Wall Street chorus grows louder, warning that 2023 will be ugly – Bloomberg . From Goldman Sachs Group CEO David Solomon's caution that the economy faces "bumpy times ahead," to JPMorgan Chase CEO Jamie Dimon's grimmer view that this would be a "mild to hard recession," and Morgan Stanley Wealth Management's Lisa Shalett, who told Bloomberg Television that corporations are facing a "rude awakening" on earnings, the messages have become increasingly dire.
This is consistent with what the TA trending is suggesting that we will likely see more pains in the months ahead before we finally see the bottom of the bear market. So don't FOMO in the near future, which is the best advice I can offer at the moment!
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