That’s Morgan Stanley’s Mike Wilson, chief U.S. equity strategist, warning investors on Wednesday of the hazards of cheering recently cooler inflation data.
While price pressures have pulled back from peak levels last summer, easing, “especially for goods, is a sign of waning demand,” Wilson said in a new client note, adding that “inflation is the one thing holding up revenue growth for many businesses.” Stock have been moving little this week, despite a pickup in quarterly earnings. The Dow Jones Industrial Average DJIA shed about 80 points on Wednesday, but the S&P 500 and Nasdaq Composite Index COMP were mostly unchanged for a second straight session.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »
مصدر: FoxBusiness - 🏆 458. / 53 اقرأ أكثر »
Stocks are in danger with Fed pause already priced in: Morgan StanleyStocks are entering a danger zone as they're already pricing in a Fed pause, top Morgan Stanley strategist says
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »