Markets Lose Momentum, but Growth Stocks Rebound, and Time to Trade or Fade China? 1/9/23
CNBC's "Fast Money"
00:00
Is There Still a Recession in the Market?
The thing about the earnings recession call and by the way we're gonna have Mike Wilson on tomorrow tomorrow's Fast Money Show is that that seems to be consensus at this point. The idea that you have earnings estimates still up for 10% or so for this year tells you that there's still something that's out of sync here. When we get the realization that companies are guiding lower for this year strategists start lowering their estimates.
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