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Investors should 'embrace' a recession and watch for retest of market lows, Morgan Stanley saysMorgan Stanley equity strategists believe the stock market priced in an earnings recession when it plunged to December's low, and it is very likely to retest that level. Im still waiting for the StockMarket to crash, that's what you claimed if Trump was elected president. I'll embrace it, as long as the FED continues to raise rates, so my cash can make more through it. The probability of an analyst getting something right that he called a year ago and then assume he has it right in a 2600 resistance level stand-off is arrogant.
Source: CNBC - 🏆 12. / 72 Read more »
Morgan Stanley is set to report fourth-quarter earnings – here's what Wall Street expectsMorgan Stanley is set to report fourth-quarter earnings before the opening bell on Thursday.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks fall after Morgan Stanley earnings miss estimatesStocks fell on Thursday after Morgan Stanley's latest quarterly results disappointed investors. Wall Street also grappled with uncertainty around the Chinese economy. Stock market is a damn rollercoaster. Goldman never lets Morgan Stanley in on the joke. It’s been a good year so far 🤞
Source: CNBC - 🏆 12. / 72 Read more »