, as COVID-19 cases rose and stocks dropped because of fears that the federal government wouldn't deliver any more economic support.no more economic relief negotiationsNow Wilson says it's almost time for a "rates scare," a round of concerns about rising interest rates that would also lead to widespread selling and put a target on the back of the stock market's leaders. It's creating a familiar dynamic in markets.
Wilson estimates that the S&P 500 index will trade in a wide range between 3,100, or 9% below current levels, and 3,550 until those two sources of confusion are worked out. Buy recovery stocks "Focus on the recovery stocks even during this growth scare as that is where the upside is greatest," he said. "A move higher in rates should only support this view as most recovery stocks are positively correlated with such a move."
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Emails: Palantir blames Morgan Stanley for 'blemished' direct listing - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Now that we finally here, can we talk about how overrated $MS have been as a bank? Rare criticism of Morgan's I-bank, they are first class Here they go... blaming an investment bank for the poor performance of a company's stock when it's never made a profit in 17 years of existence where its core business model is basically just violating human rights. I'm sure it's all the investment banker's fault...
Source: BusinessInsider - 🏆 729. / 51 Read more »
Morgan Stanley: Utility stocks to benefit from a blue sweep - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Looking for a Creative Logo, Business Logo, Travel Logo, Branding Logo, Company Logo, Professional Logo, Minimalist Logo, Flat Logo, Logo Design. contact me:
Source: BusinessInsider - 🏆 729. / 51 Read more »
Stock picks to buy, best investing ideas for volatile Q4 2020 from RBC - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. At Jaashub , we make travelling and studying Abroad better and easier. Study better with us. Choose a place and you are there. !!! studyabroad educationalgist advancelearning studyinEurope
Source: BusinessInsider - 🏆 729. / 51 Read more »
Peloton's new marketing head on strategy, community and competition - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Barstool Sports, Dave Portnoy explain mobile sports betting strategy - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Barstool is for tools. 'Big names like Dave Portnoy' lol good luck with that As soon as its legal in missouri or kansas, that's where my action will go.
Source: BusinessInsider - 🏆 729. / 51 Read more »
How to invest in 5G technology, stock picks from Neuberger Berman - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »