News Formal

Morgan Stanley says stocks are pricing in a 'no landing' scenario. How to play it

  • 📰 CNBC
  • ⏱ Reading Time:
  • 21 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 72%

Breaking News: Markets Nyheter

S&P 500 Index,Stock Markets,Investment Strategy

Strategist Michael Wilson said the market is positioning for a 'no landing' scenario given the broader participation seen in the S&P 500 recently.

Forget a "soft landing." Morgan Stanley thinks stocks are positioning for economic growth to stay robust. Strategist Michael Wilson said in a note Monday that the market is positioning for a "no landing" scenario given the broader participation seen in the S & P 500's run to record highs recently. A no landing scenario means the economy will continue chugging along despite higher Federal Reserve rates.

Industrials and materials are up 10% and 8%, respectively. This market broadening outside of technology stocks comes as crude prices reach levels not seen since October. On top of that, the ISM manufacturing PMI reached expansion territory for the first time in more than a year. How to play it Wilson reiterated his overweight stance on energy, noting it has "fundamental and commodity support.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Morgan Stanley sees upside for these senior housing stocks as the U.S. population agesThe firm highlighted a pair of senior housing real estate investment trusts.
Källa: CNBC - 🏆 12. / 72 Läs mer »

These stocks could rally in 'second phase' of bull market, Morgan Stanley Investment Management saysSlimmon advised investors to lean more cyclical, pointing out that the best-performing sectors in March were energy, materials and industrials.
Källa: CNBC - 🏆 12. / 72 Läs mer »