Morgan Stanley's Mike Wilson says this is the beginning of the end for the bear market

While traders are taking the regulatory backstop of deposits as a positive sign for markets, Morgan Stanley's Mike Wilson expects otherwise. "With the back-stopping of bank deposits by the Fed/FDIC, many equity investors are asking if this is another form of QE and therefore 'risk on,'" Wilson said to clients in a Monday note.

However, Wilson, the bank's chief investment officer, said it's too early to take such a confident outlook. He said lending standards will get even tighter, while the cost of deposits will continue to rise — weighing on net interest margins for banks. Net interest margin measures the difference between a bank's interest income and interest expenses . "In short, the risk of a credit crunch has increased materially, in our view," Wilson wrote.

LoL. Where are these people coming from. A wave of one another another. Corrupt and joker of management.

What is he going to say? I don’t think it helps Morgan Stanley to let everyone know most banks are at risk of collapsing and we headed into a recession. morganstanley

Quite possibly laughable.

Which means no more bear mkt rallies and the bottom is coming quickly.

Can't agree more

How …?

Harga akan melambung tinggi

KeithMcCullough

Bless his heart.

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