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 adjustments do analysts need to consider based on the gap between bottom-up and top-down forecasts?

What does the speaker envision for earnings in the upcoming year?