Mike Wilson’s stock market is entering the death zone.

(1)Mike Wilson, the Wall Street tweezer, enters the death zone.
(2)Reporter Oh Hyun-woo ☆
(3)Input 20230221 1051 Modified 20230221 1054
(4)The last section of Everest is worried about whether the Fed will continue to tighten due to strong indicators due to the listing of startups that delist the capital Mela in comparison to the death zone.
(5)Mike Wilson, chief investment officer at Morgan Stanley, known on Wall Street as a tweezer, pointed out that the stock market was overheated. The liquidity will dry up.

(1)Investors Pour Money into Speculative Stocks Despite Observations
(2)There is a criticism that there is a fear that monetary tightening will continue.
(3)be winding around New York
(4)The stock market has entered the death zone.
(5)According to Fortune magazine on the 20th, the CIO Wilson warned investors in a letter that the stock market is now in the Death Zone, where death is the only place to go.
(6)The CIO Wilson said that the market was based on the fact that the death of Mt. Everest
(7)I likened it to an altitude of 8,000 meters.
(8)It’s a sign of a sharp drop in oxygen concentration.
(9)We’re on the road. We have to get out of the way within 18 hours.
(10)It is also famous as a section that leads mountain climbers to death because it is the last section of the Everest conquest of Everest.
(11)The reason for using harsh words is simple: they analyzed that the stock market was overvalued.The SP index rose 16 compared to its low point in October last year, but rose 6 this year, with an upward rally.
(12)It’s unfolding. The CIO, Wilson, is taking this upward trend to death.
(13)It looks like the road to the high point,
(14)It is predicted that the liquid oxygen will dry up.

(1)The basis for Wilson’s CIO is the price-earnings ratio PER.
(2)The PER value of the SP500 index was 15 times higher in October last year.
(3)It stopped and rose to 18 times at the end of last year.
(4)It shot up to 186cm. bullish market after emerging from financial crisis
(5)It is similar to 2009.
(6)Wilson CIO says oxygen is starting to expand.
(7)You said it’s a sign that you’re going to run out of fluid.
(8)But investors ignored this signal and thought it was the most important thing.
(9)He pointed out that he is taking risks by investing in speculative stocks.
(10)Most of Wilson’s CIO pessimism was true. He was selected as the best stock analyst by Institutional Investor, an investment media outlet, last year, when optimism prevailed on Wall Street early last year, he predicted a selling spree alone. It is predicted that the SP500 index will remain at 3900 points this year. 20 days
(11)SP500 hit 4079 points, down 028 from the previous trading day.
(12)○ Decommissioning companies
(13)As the CIO Wilson said, more and more companies are delisting. According to the Wall Street Journal WSJ,

(1)About 10 of the companies that made public IPO on the New York Stock Exchange between 2020 and 2021 sold their companies to private equity funds and decided to delist them. Eight companies listed in 2019 were also converted to unlisted companies and withdrew them three years after they went public.
(2)Analysts say that it is due to tight liquidity The funds of startups that have just been listed have dried up. last year
(3)Raising interest rates has made it difficult to raise capital.
(4)This is because private equity funds, which are aiming for an opportunity, have their shares at a bargain price.
(5)He took over and became a major shareholder.
(6)Webber, which makes camping grills, was sold for $805 per share, less than the initial public offering price of $14 per share. Cloud security firm Sumo Logic was also sold for $12 per share, about half of the initial public offering price of $22 per share.Wall Street predicts that more listed companies will sell their companies and delist them in the coming months.

(1)Venture Capital VC, which was in charge of raising funds for startups, also ran out of funds, recording $20.6 billion in the fourth quarter of last year.
(2)According to PreQueen, a VC-specialized data company, it has decreased by 65 compared to the same period last year. as of the fourth quarter
(3)Venture funds that have succeeded in raising capital are also at their lowest level in nine years.
(4)There were only 226. In the fourth quarter of 2021, there were 620 cases.
(5)The fund has attracted new capital.

(1)Technology stocks that have dominated Wall Street for the past 10 years.
(2)It’s a reaction that it’s broken down because of technological innovation.
(3)There was a bubble that we could make more profit than the investment companies. Venture funds equivalent to private equity funds have also been formed, but last year, tech stocks plunged and massive layoffs in the IT industry cooled the enthusiasm for venture investment. Now pension funds, university funds, and the family of funds.
(4)It is explained that institutional investors such as offices are turning a blind eye to VC.
(5)Will the Fed tighten the reins further?
(6)Investors’ optimism that the U.S. economy will get out of the doldrums
(7)U.S. central bank Fed tightens in jitters
(8)This is due to concerns that it may continue its stance.
(9)U.S. Strong Labor Market Low Unemployment Reasons for U.S. Norlanding No-landing Expectations Growing During the Real Estate Market Stabilization Period Mortgage Interest Rate Drops in the U.S. 30-Year Mortgage Interest Rate Average
(10)U.S. unemployment rate COVID-19
(11)April 2000
(12)November 1982
(13)October 2009
(14)Data: US Department of Labor 34 lowest since May 1969.
(15)January 2023.
(16)2018 2019 2020 2021 2022 20231970
(17)According to the WSJ, Wall Street investors over the past few months have been looking to see that the Fed
(18)It was believed to induce a soft landing. recently-appearance
(19)Economic Indicators Improve, No Landing No landing.

(1)The possibility has risen.
(2)Consumer and producer prices were higher than Wall Street forecasts in January, and retail sales also posted their biggest growth in about two years on a one-month basis. The unemployment rate also hit a 53-year low, indicating a solid labor market.
(3)Under normal circumstances, good economic indicators are available to the market.
(4)That’s good news, but investors are now saying that the indicators are…
(5)He seems concerned about how it will affect the Fed’s policy.
(6)If the U.S. economy continues to overheat, the Fed could raise interest rates more than expected. If interest rates rise further, they will fall into a sharp economic recession, which is expected to have a bigger impact on the market than last year.
(7)Michael Parr, president of investment consultancy Farmer Washington, said he was concerned that investors were still too convinced that Fed could quickly rein in inflation. Brett Ryan, an economist at Deutsche Bank, predicted that if high interest rates persist for a long time, it will definitely hamper risky assets and increase the possibility of an economic recession.