You don't have a totally broad improving economy. You have winners and losers. Tech sector up more t

May 07, 2023
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You don't have a totally broad improving economy. You have winners and losers. Tech sector up more that 20%. Banks down, consumer.

Some think the strong performing ones will lead, but Carter Worth said that never happens. The weak ones are telling the real story and the strong ones ultimately succumb. (Why?)

The market has had a lot thrown at it to the downside (banks, geopolitical), and hasn't really gone down. But it hasn't gone up yet either, and can't without real earnings growth or multiple expansion, Worth said.

The market has gone up or down 15% for 2 years.
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<div>You don't have a totally broad improving economy. You have winners and losers. Tech sector up more that 20%. Banks down, consumer. <br></div><div><br></div><div>Some think the strong performing ones will lead, but Carter Worth said that never happens. The weak ones are telling the real story and the strong ones ultimately succumb. (Why?)<br></div><div><br></div><div>The market has had a lot thrown at it to the downside (banks, geopolitical), and hasn't really gone down. But it hasn't gone up yet either, and can't without real earnings growth or multiple expansion, Worth said.</div><div><br></div><div>The market has gone up or down 15% for 2 years. <br></div>
You don't have a totally broad improving economy. You have winners and losers. Tech sector up more that 20%. Banks down, consumer.

Some think the strong performing ones will lead, but Carter Worth said that never happens. The weak ones are telling the real story and the strong ones ultimately succumb. (Why?)

The market has had a lot thrown at it to the downside (banks, geopolitical), and hasn't really gone down. But it hasn't gone up yet either, and can't without real earnings growth or multiple expansion, Worth said.

The market has gone up or down 15% for 2 years.

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