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Why stocks still could face a 1980s-style drop

Por: MarketWatch Business January 24, 2023

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“With wage growth so strong and consumer anxieties building, corporate profit margins are being squeezed from both sides,” the team said. “Earnings growth is under severe pressure.” While the S&P 500 index lost almost 20% last year, its worst year since 2008, its earning-per-share metric has held up (see chart) better than in past drawdowns of at least 10% since the 1960s. S&P 500 earnings per share drawdown isn’t yet happening... + full article



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