Attention Economy


Monday, July 24, 2023

Where are US Equities Headed?

After a Misjudged First Half, Strategists Face a Short Squeeze
https://www.bloomberg.com/opinion/articles/2023-07-21/short-squeeze-market-strategists-try-getting-the-rest-of-2023-right
 
‘We Were Wrong’: Morgan Stanley’s Wilson Offers Stocks Mea Culpa
https://www.bloomberg.com/news/articles/2023-07-24/-we-were-wrong-morgan-stanley-s-wilson-offers-stocks-mea-culpa
 
Meme Stocks Are Back, Raising a ‘Red Flag’ for the Broader Market
https://www.bloomberg.com/news/articles/2023-07-11/meme-stocks-are-back-waving-a-short-term-red-flag-for-s-p-500
 
BIG PICTURE:
Forget 5 Months. Where Will Markets Be in 3, 7 or 10 Years?
https://www.bloomberg.com/opinion/articles/2023-07-24/market-forecasts-short-term-lack-of-method-long-term-likelihood-of-meh
Shorter-term forecasts are less likely to be accurate. But even a decade from now, a repeat of the equity gains we’ve come to expect looks unlikely.