Morgan Stanley says US bank stocks will do well even when Fed pauses interest rate hikes

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'The irony is that financials didn't do well this year when rates are going up, it may be the case that financials do better in 2019 as the Fed backs off,' said Mike Wilson, Morgan Stanley's chief U.S. equity strategist.

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Noone buys this crap. Big banks are just glorified credit card companies at this point. They send you a cc offer at 23% for 5,000 but ask for a loan and good luck. Meanwhile shadow lenders offering fixed rates at 10% for the same 5,000. CNBC is so out of touch with reality.

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Where to put your money in 2019 — it's not US stocks, according to Morgan StanleyIn its latest Global Strategy Outlook report, Morgan Stanley upgraded emerging market stocks to 'overweight' for 2019, and downgraded U.S. equities to 'underweight.' Not the USA with captain crazy-pants. They will be proved wrong again. xrp ripple silver usd yen
Source: CNBC - 🏆 12. / 72 Read more »

Amazon, derided as a 'job killer,' actually boosts local employment and business, Morgan Stanley saysIn cities with multiple Amazon fulfillment centers, job creation was 'well above the national average.' The e-commerce giant has been 'both a net job creator and a catalyst for stronger job growth,' Morgan Stanley found. low wage no bennies jobs where they track every hand movement and want to add eye movement checks. Like WalMart, they give no fucks if their workers need food stamps to eat. Not to mention Monopoly oriented and should be destroyed with malice aforethought. Bank that was the largest recipient of bailout money in 2008 says everything is A-OK with what Amazon is doing. Got it. Seems legit. My Spouse works for Amazon, We have excellent benefits.. Gave him stocks.. Good wages, getting paid better then most in our community. Yes they work long hrs during the holidays, But that's what this time of yr. Intel's.
Source: CNBC - 🏆 12. / 72 Read more »