Morgan Stanley strategists tout health stocks in

📆 11/09/2023 20:55:00
📰 SaltWire Network

⏱ Reading Time:
33 sec. here
2 min. at publisher
📊 Quality Score:
News: 16%
Publisher: 63%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

By Lewis Krauskopf NEW YORK (Reuters) - Morgan Stanley equity strategists said on Monday that markets are in a

STORY CONTINUES BELOW THESE SALTWIRE VIDEOSBy Lewis Krauskopf

"We view this year as an extension of the late cycle period often experienced when the is expected to pause or reverse its hawkish policy stance," strategists led by Michael Wilson said in a research note. But the bank's strategists said they were"overweight" the sector, calling it a"late cycle outperformer given its defensive and growth properties."

Overall, the strategists'"late cycle playbook" included a"barbell" portfolio approach with defensive growth on one side and energy and industrials - two areas that tend to benefit in strong economies - on the other.

Write Comment

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:

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tesla supercomputer could boost EV maker's market cap by $600 billion -Morgan Stanley(Reuters) - Tesla's supercomputer, Dojo, to train AI models for autonomous cars could give the electric vehicle maker an
Source: SaltWire Network - 🏆 45. / 63 Read more »