The year has started well for stock market investors, no doubt of that. The has jumped 9%, and the NASDAQ is up nearly 17%. While this doesn’t reverse last year’s losses, the gains, prompted by several releases of positive economic data, do indicate a shift to more positive investor sentiment. But there is always a … Read more
With inflation falling from its 40-year high in June, investors are betting the Federal Reserve will end its interest rate hiking cycle and “pivot” to rate cuts this year, juicing markets like they did in the past. But some top Wall Street strategists warn that the rosy outlook for stocks may be overly optimistic. Morgan … Read more
The surprising rally in the at the start of 2023 is likely to fizzle as the Federal Reserve prepares to defy investor hopes and lift interest rates for the eighth consecutive time, according to Morgan Stanley. Michael Wilson, the chief U.S. equity strategist at Morgan Stanley and a longtime Wall Street bear, warned in an … Read more
Tesla stock has this year based on numerous uncertainties around the EV maker’s business, JP Morgan analyst Ryan Brinkman argues. “Tesla’s softer trend and below-consensus adjusted automotive gross margin comes before the impact of large price reductions that will primarily be felt beginning in the first quarter,” Brinkman said in a new client note. “As … Read more
(Bloomberg) — Investors flocking to the equity rally will be disappointed as they’re in direct defiance of the Federal Reserve, according to Morgan Stanley strategists. Most Read from Bloomberg “Better price action in stocks has started to convince many investors they are missing something — compelling them to participate more actively,” a team led by … Read more
In today’s digital world, there will always be a need for cybersecurity. Too many of our essential systems, everything from the upper levels of government and finance to the automation systems that run the traffic lights, depend on online connections for us to ignore the basics of securing our computer networks. Recent events, including the … Read more
In today’s digital world, there will always be a need for cybersecurity. Too many of our essential systems, everything from the upper levels of government and finance to the automation systems that run the traffic lights, depend on online connections for us to ignore the basics of securing our computer networks. Recent events, including the … Read more
Every so often, some technological advance comes along that forever alters the world we live in. Henry Ford’s assembly line brought cars to the masses, the internet has changed the way we communicate, and mobile devices have taken those changes to a new level. Improvements in all three of those areas, the automotive, computing, and … Read more
(Bloomberg) — Stocks in emerging markets are set to be this decade’s winners, Morgan Stanley Investment Management said, adding to a chorus of investors who are souring on the US in favor of other regions. Most Read from Bloomberg The fund manager is taking money out of US equities to add to its developing markets … Read more
(Bloomberg) — The improving sentiment toward US equities is at odds with a backdrop of weakening economic data and earnings, according to Morgan Stanley strategist Michael Wilson. Most Read from Bloomberg One of the most vocal bears on US stocks warned on Monday that plunging forward-looking indicators will translate into an earnings recession and will … Read more