CNBC's "Last Call" cover image

There May Be Signs That the Economy is Finally Cracking 6/1/23

CNBC's "Last Call"

00:00

The Stock Market Is a Forward Looking Mechanism

The S&P 500 is up 10% this year, historically above the average gain for a full year. Prices paid for services has remained higher as prices paid for goods have come down. The stock market is looking out to 20 the end of 2023, probably actually 2024 at this point. Earnings in 2024 right now, looking at over 11%.

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