Morgan Stanley Says Too Soon to Turn Bullish on Stocks

Bloomberg2022-05-23

Even as the S&P 500 on Friday narrowly avoided plunging into a bear market, Morgan Stanley strategists say it’s too early to turn optimistic on stocks.“Equity clients are bearish, a necessary ...

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  • Rudyy
    2022-05-24
    Rudyy
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    2022-05-24
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    Citi CEO Jane Fraser is convinced Europe will fall into a recession. Citigroup CEO Jane Fraser told CNBC Monday she is convinced that Europe is headed toward a recession. Speaking at the World Economic Forum in Davos, Fraser said that a confluence of factors including the war in Ukraine have left Europe vulnerable to a sizeable downturn. The U.S., which has so far demonstrated “more resiliency” in the economy, the labor market and among consumers, may yet skirt a recession, Fraser said. Still, much depends on how the Federal Reserve conducts its rate hiking strategy as inflation soars ever higher. Euro zone inflation hit a record high for the sixth consecutive month in April as the ongoing war in Ukraine and subsequent impact on Europe’s energy supply weighed on the region’s economy.
  • Andykm
    2022-05-23
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    2022-05-23
    小牛市
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