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Wall Street's stock-market forecasts for 2022 were off by the widest margin since 2008: Will next year be any different?

Por: MarketWatch Business December 22, 2022

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A year ago, equity analysts were penciling in the S&P 500 finishing 2022 at 5,264.51, according to FactSet data. That’s turned out to be way off base: the large-cap index was trading just north of 3,800 as of Tuesday’s close. This year, however, Wall Street’s top strategists have been more cautious, spending much of the time slashing as the Federal Reserve kept raising rates to fight stubbornly high inflation and causing volatility across... + full article



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