Market jump after Fed hike is ‘trap,’ Morgan Stanley warns investors

Market jump after Fed hike is ‘trap,’ Morgan Stanley warns investors

Morgan Stanley is urging investors to resist putting their money to work in stocks despite the market’s post-Fed-decision jump. Mike Wilson, the firm’s chief US equity strategist and chief investment officer, said he believes Wall Street’s excitement over the idea that interest rate hikes may slow sooner than expected is premature and problematic. “The market … Read more

Expect the stock market to be driven ‘more by earnings than the macro,’ says Morgan Stanley’s Wilson

Expect the stock market to be driven ‘more by earnings than the macro,’ says Morgan Stanley’s Wilson

Earnings season will be a key test for the stock market after the S&P 500 last week closed out its worst half-year performance since 1970, said strategists from Morgan Stanley. The direction of stocks going forward will be mostly tied to second-quarter earnings as interest rate hikes and surging inflation reflect the growth slowdown more … Read more

Musk Goes to Big Tech and Saudis for Twitter Deal Funds

Musk Goes to Big Tech and Saudis for Twitter Deal Funds

Photo: Anthony Behar/Sipa USA (PA) There’s a sudden squall of something off-smelling coming from Tesla CEO Elon Musk’s planned $44 billion Twitter deal. Tea prolific tweeter has already pushed the bounds of verbal agreements surrounding the Twitter buyoutbut now that a new round of funding has come down the pike, some are questioning just how … Read more

Morgan Stanley Ups Oil Price Forecast On Supply Fears

Morgan Stanley Ups Oil Price Forecast On Supply Fears

By Irina Slav – Apr 22, 2022, 11:00 AM CDT Morgan Stanley ups oil price forecast by $10 per barrel. Morgan Stanley raises amount of lost Russian supply to 2 million bpd. Morgan Stanley adjusts its forecast for returning Iranian supply. Morgan Stanley revised its oil price forecast upwards for the second half of the … Read more