Earnings Won't Be Catastrophic in '23: BlackRock's Moore

The video discusses the current market outlook, highlighting both opportunities and caution in the near term. It explores the potential resilience of the economy in 2023, despite bearish forecasts. Companies are preparing for a possible recession by streamlining operations and cutting costs. The discussion also covers earnings forecasts, noting a gap between analyst predictions and strategist expectations, with potential for adjustments.

What is the speaker's view on making a buy argument in the current equity market?

• The speaker is indifferent about buying or selling.

• The speaker is optimistic about buying opportunities.

• The speaker believes it's not the right time to make a buy argument.

• The speaker suggests buying based on current valuations.

What is the speaker's perspective on the economic outlook for 2023?

• The speaker expects a rapid economic recovery.

• The speaker sees a chance for resilience despite bearish forecasts.

• The speaker believes the economy will be extremely resilient.

• The speaker is certain of a severe economic downturn.

How are companies preparing for a potential recession in 2023?

• By ignoring recession forecasts.

• By increasing headcount and expanding operations.

• By cutting excess headcount and streamlining operations.

• By investing heavily in new projects.

What is the speaker's view on the gap between bottom-up and top-down earnings forecasts?

• The gap is irrelevant to market predictions.

• The gap is closing rapidly.

• The gap is large and suggests room for adjustment.

• The gap is insignificant and doesn't require attention.

What does the speaker predict about earnings in 2023?

• Earnings will decline significantly.

• Earnings will increase dramatically.

• Earnings will be flat or slightly up.

• Earnings will be catastrophic.