Stock rally isn't a new bull market, Morgan Stanley's Mike Wilson says

📆 23.05.2023 02:38:00
📰 BusinessInsider

⏱ Reading Time:
12 sec. here
2 min. at publisher
📊 Quality Score:
News: 8%
Publisher: 51%

Deutschland Nachrichten Nachrichten

Don't be fooled into thinking this year's stock rally is the start of a new bull market, Morgan Stanley's top strategist says

that includes Microsoft, Meta, and Nvidia, which have capitalized on the surge in interest in ChatGPT and artificial intelligence.

"While we believe that AI is for real and will likely lead to some substantial efficiencies that help to fight inflation, it's unlikely to prevent the earnings recession we forecast for this year," he said.

Schreibe Kommentar

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Morgan Stanley warns stock rally is not the start of a bull marketMorgan Stanley strategist Michael Wilson warned in a Monday note that strong stock gains this year are not indicative of the beginning of a bear market.
Herkunft: FoxBusiness - 🏆 458. / 53 Weiterlesen »

Hedge funds piled into these stocks in the first quarterThe hedge fund community bought a slew of stocks with conviction during first quarter's market turmoil, according to Morgan Stanley.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »