Tackling Recession Fears

The transcript discusses the current state of earnings revisions, noting a deceleration but not as bearish as previous quarters. Bank earnings showed some surprises, and overall, companies are performing well despite fears of economic deterioration. The market is forward-looking, with expectations for double-digit earnings growth in 2024. Analysts are adjusting their expectations, and while some consolidation is expected, the overall outlook is positive.

What is the general outlook for the economy as mentioned in the text?

What do analysts expect for the S&P 500 earnings in the next 12 months?