Wednesday morning articles
Wall Street Sets Low Bar for Corporate Earnings Season: Analysts expect S&P 500 companies to report first year-over-year decline in quarterly earnings since height of pandemic. (Wall Street Journal)
Value Stocks to Lure Investors During Grim Earnings Season: Majority of investors expect ugly earnings reports to drive S&P 500 lower. (Bloomberg)
The Most Important New Inflation Indicator: Introducing the New Tenant Repeat Rent Index—A New Way of Measuring Housing Inflation. (Apricitas Economics)
50 Companies to Watch in 2023: From EBay to Porsche, keep an eye on these global stocks this year. (Businessweek)
CES 2023’s Wildest Highlights: Flying Cars, Flying Boats and Folding Screens The world’s biggest consumer electronics show has brought plenty of TV, laptops and gaming gadgets to gawk at — plus some big surprises. (CNET)
Why Does Private Equity Get to Play Make-Believe With Prices? Investors and managers are playing a dangerous game of “volatility laundering,” Cliff Asness writes. (Institutional Investor)
The Fed May Finally Be Winning the War on Inflation. But at What Cost? There’s a good chance that the Fed could push the economy into recession. The pain will not be shared equally. (New York Times)
Something big is happening in the U.S. housing market—here’s where 27 leading research firms think it’ll take home prices in 2023. For the first time in over a decade, residential real estate across the world has entered into a period of falling home prices. (Fortune)
Rents Are Still Higher Than Before The Pandemic — And Assistance Programs Are Drying Up: While rents for new leases measured by Zillow and other apartment listing sites finally began dropping nationwide at the end of 2022, the dip came only after a year of historic, nationwide rent increases throughout 2021. (FiveThirtyEight)
The Pandemic Was Good for Retailers. What Happens Next? Some bankruptcies are on the way, but maybe not a return to the bad old days of the 2010s. (Bloomberg)
The Hottest Gen Z Gadget Is a 20-Year-Old Digital Camera: Young people are opting for point-and-shoots and blurry photos (New York Times)
How Tall Is Too Tall? The rise and rise and rise of the supertall skyscraper. Hence the new category: The supertall superslim. (The Atlantic)
F1 Want Women in the Cockpit For First Time Since 1976: With its new academy, the racing league is inviting women to train for the grand prix. (Bloomberg)