S&P 500 earnings estimates for 2023 take ‘complete U-turn’ as recession risks loom, according to BofA
November 07, 2022 at 12:50 PM EST
The S&P 500 risks another leg down after a 'complete U-turn' in 2023 earnings-per-share estimates for the U.S. stock-market index, according to a BofA Global Research note.
