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My Top 10 Views Friday, December 16, 2022

1. Federal Reserve-led sell-off continues in stocks, but long bonds do nothing. These moves say earnings should decline. But the question is, which ones? As the Fed outlined a more hawkish outlook on Wednesday, the Dow Jones Industrial Average lost more than 900 points in overall declines.

2. Atlantic Equities expects growth in Club holding Estee Lauder (EL) to accelerate as China eases Covid restrictions; As we’ve said before, analysts there say the lifting of Covid rules unlocks China’s potential. Atlantic set an Overweight (Buy) rating on EL with a price target of $302 per share.



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