Wall Street

Stock Market Downgrades Are Dragging The S&P 500 Lower

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Equities Under Pressure, Margins Tighten, And Outlook DimsIt is no secret that equities have increased pressure due to tightening margins. While the split between companies is about 50/50 in terms of how many S&P 500 companies (NYSEARCA:SPY) could widen their margin the net result was 30 basis points of shrinkage. This, along with the threat of inflation, higher interest rates, and recession have the earnings outlook in retreat as well and that, we think, will drive the broad market even lower. Q1 2022 hedge fund letters, conferences and more There is still about 5% of the S&P 500 left to repo…

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