Morgan Stanley turns 'outright bullish' on stocks in Asia, emerging markets

"We believe it is time to turn overweight on Growth stocks in Asia/EM again," Morgan Stanley strategists said in a note.

Morgan Stanley forecasts Hong Kong's Hang Seng Index to gain another 28% from current levels by the end of this year and China's CSI 300 to gain another 14% Morgan Stanley strategists say it's "time to turn bullish" on Asia and emerging markets' growth stocks. Citing easing financial conditions ahead, the U.S. investment bank's analysts said: "With market volatility and bond yields starting to moderate, we are turning outright bullish on Growth over Value again in Asia/EM after taking a tactical neutral stance in Feb-23," according to a Sunday note.

What do you mean 🥺

Bitcoin will go 100x stocks won't.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

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

Bank turmoil could bring 'vicious' end to bear market, Morgan Stanley saysMorgan Stanley economist Michael Wilson said the recent banking-sector crisis is likely to bring an 'early and painful' stages of exiting the bear market. the whales are getting nervous and pumping up the lake seeing torches n pitchfork on the beaches
Source: FoxBusiness - 🏆 458. / 53 Read more »

Harley-Davidson's focus on bread-and-butter business can lift the stock by more than 30%, Morgan Stanley saysHarley-Davidson's focus on bread-and-butter business can lift stock by 30%, Morgan Stanley says
Source: CNBC - 🏆 12. / 72 Read more »