S&P 500 about to fall sharply as it teeters on brink of bear market, Morgan Stanley says

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 53%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The S&P 500 is poised to fall sharply as investors flee risks assets on fears over a recession, aggressive tightening by the Fed and inflation, according to Morgan Stanley analysts.

FOX Business host provides insight on the stock market on 'Making Money.'

"With defensives the latest big outperformer, they are now expensive, leaving very few places to hide," Morgan Stanley analysts wrote in a Monday note. "This suggests the S&P 500 will finally catch up to the average stock and enter a bear market." They said the increasingly hawkish Fed is looking "right into the teeth of a slowdown," and that there is little upside for defensive positioning lately.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Its not BTC

Morgan Stanley is a joke. S&P is about to explode upward.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines