According to an investing agency, the stock market is poised for a “once-in-a-generation” purchasing opportunity as revenues are set to increase practically everywhere

Join For Personal Benefits News

The investing firm Richard Bernstein Advisors predicts that due to an impending surge in corporate earnings across all market segments, investors may soon have a once-in-a-lifetime opportunity to engage in equities.

A note from the RBA on Tuesday stated, “Our view remains that the market isn’t landing,” pointing to concerns that a hard landing or impending recession may be imminent. “Adding to the airplane metaphor, we’re seeing earnings taking off,” it stated: “Corporate earnings are increasing and the whole economy appears to stay quite healthy.”

The RBA notes that although worldwide stocks entered a profit recession recently, earnings seem to have bottomed out. According to the company, profits will increase through the end of 2023 and into 2024.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *