Stock Market Outlook: Soft Landing Hopes Too High, Play Defense in Stocks

Marko Kolanovic — and there are a handful of stock sectors that investors should look to for protection as the economic outlook becomes murkier. a soft landing materializing,

"With developed market central banks unlikely to ease near-term, ongoing quantitative tightening and our base case for macroeconomic slowdown, multiples look too high," Kolanovic said."We disagree with the market's expectation that soft landing is the most likely outcome." On a year-to-date basis, the total of high-yield and loan defaultsand is on track to be the market's third largest annual default total, according to the note.

In addition to cash and commodities, Kolanovic said investors should look to"pure defensive" stocks to outperform in the second half of the year.

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Stock market outlook: rates to re-emerge as threat to stocks, BofA saysBank of America analysts warn that the re-emergence of high US rates may pose a risk to the equity market, as higher yields were a major driver of S&P downside in 2022.
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »

Dish bonds rally with stock after all-stock merger with EchoStarBillionaire Charlie Ergen's decision to combine his two telecom companies, Dish Network Corp. and EchoStar Corp., in an all-stock deal sent their shares higher on Tuesday. The news also sparked a rally in the company's bonds.
Fuente: MarketWatch - 🏆 3. / 97 Leer más »

Asian Stock Market: Trades mixed, investors await Chinese/ Indian CPI dataAsian stock markets trade mixed on Monday following mixed US employment data. That said, the Nonfarm Payrolls in the US rose 187,000 in July, worse th
Fuente: FXStreetNews - 🏆 14. / 72 Leer más »