As recession fears calm, a Morgan Stanley managing director explains why we're only in the ‘first inning’ of another leg up for the record-setting stock market

Recession warnings are fading from their summer peaks, and stocks are set for another run-up as investors rush to participate in another rally, Morgan Stanley senior portfolio manager Andrew Slimmon said in an interview. The volatility that previously came from trade war headlines has dulled, and Wall Street"has finally keyed into what's going on," he said. Slimmon pointed to recent years as precedent for how the S&P 500 performs after a negative year.

Recession warnings are fading from their summer peaks, and stocks are set for another run-up as investors rush to participate in another rally, Morgan Stanley senior portfolio manager Andrew Slimmon said in an interview. The volatility that previously came from trade war headlines has dulled, and Wall Street"has finally keyed into what's going on," he said. Slimmon pointed to recent years as precedent for how the S&P 500 performs after a negative year.

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Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »

Here's what happened to the stock market on FridayStocks notched slight gains during Friday's session, but trade uncertainty still led to the market's first weekly drop since October. Did you forget Trump reminded us that when he leaves office, the markets will crash. China 🇨🇳, Russia 🇷🇺 and Saudi Arabia 🇸🇦, are pumping the stock market until this buffoon destroys our democracy, 2024 as we know it. It’s sick and scary.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »