Goldman cuts its forecast for 2023 S&P 500 earnings growth to 0%

Nov. 05, 2022 2:50 PM ETSPDR S&P 500 Trust ETF (SPY)XLE, SP500By: Kim Khan, SA News Editor91 Comments

Mid adult man checking financial information on a smart phone while doing his bookkeeping


Broader market earnings will go nowhere next year, according to Goldman Sachs' latest forecast.

Strategist David Kostin said S&P 500 (SP500) (NYSEARCA:SPY) margins have inflected downward and as a result he is trimming the S&P

Recommended For You

Comments (91)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.