How to invest, profit from next bull market in stocks: Morgan Stanley

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

United States News News

There's no new bull market yet, Morgan Stanley says. Here's the smart way to stay invested safely and book bigger profits from the future bull run.

Stocks have rallied after a series of developments that seem to have shored up the banking system.

Morgan Stanley has been a consistently bearish voice in these kinds of arguments lately, and Mike Wilson, the chief investment officer and chief US equity strategist, says it's still too soon to go risk-on when it comes to stocks. Investors' interpretation of the bank bailouts and rescues has been surprisingly good for tech stocks, which has helped lift their prices almost to all-time highs. Given the size of those companies, that's been a positive jolt for US stock indexes as well.

That is, because some parts of the tech sector are heavily exposed to corporate spending patterns, they're going to struggle in a downturn and their stock performance will reflect that. Wilson says that separates tech from groups like consumers staples, utilities and large cap pharma and biotech, which hold up better in weaker economic periods.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 729. in US

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.

Morgan Stanley a step closer to setting up futures company in ChinaMorgan Stanley said on Thursday it looks forward to setting up a futures company in China after the country's securities regulator accepted its application. They should hire hunter biden And many others would sure que up in this endeavous to save themselves from ruin as desired by US Empire in order to further Nazi-loving 'proxy= to hot war! Great!!it's almost like leveraged gambling isn't the reason we're in such a shitty economy in the first place!! So let's spread our degenerative disease to the rest of the world!! That will surely fix all of our problems.
Source: Reuters - 🏆 2. / 97 Read more »