Market is signaling that 2021 economic recovery will be 'pretty darn good,' Morgan Stanley investment chief says | Markets Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Market is signaling that 2021 economic recovery will be 'pretty darn good,' Morgan Stanley investment chief says

that the stock market is"one of the best leading indicators out there," and that it's signaling an economic recovery in 2021.

"The market is telling us, in no uncertain terms, that 2021 is going to be pretty darn good from a recovery standpoint," the chief US equity strategist said. How the economy gets to this recovery, whether from fiscal stimulus or the Fed, is"irrelevant," according to Wilson. Wilson also said that investors will be surprised that the recovery is more powerful and broader than people are anticipating. Operating earnings will exceed what models are showing today, said the strategist. GOLDMAN SACHS: The stocks most loved by hedge funds have smashed the market this year. Here are 15 stocks those investors flooded into last quarter.

Investors will need to examine what kind of companies will show the most operating leverage on the upside to play this recovery, Wilson added. Companies that have been"victims of the pandemic and the lockdown" will have the most leverage when compared to"COVID winners." , Wilson also expressed his positive outlook for the economy.

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 ZA
 

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

Just do exact opposite of what these exec says

Yeah !! I'm 🤏🏽 this far away from putting my corner shop in Nasdaq asshole

That will be good.

Are ALL Republicans millionaire shareholders? WHEW because trump Lowered the corporate tax rate to 21%. The Middle Class pays the same tax rate as AMAZON. Tsk tsk.

The market is being artificially inflated by the Fed buying corporate bonds. It's not signalling anything other than that it approves of all the free money.

Not if Biden wins

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bali won't allow visitors until at least 2021 amid coronavirus spike - 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. GUESS WHAT? We have a 10% off coupon going around for ALL purchases $20 and OVER. The coupon expires: August 30th 2020 at 12 AM (Eastern Time). START SHOPPING BEFORE ITS EXPIRED! Use coupon: SIMPLESPIRITZ10 for 10% of all purchases $20 and over. START SHOPPING! SPREAD THE NEWS! RingTheAlam Is it just me, or there is no article when I open the link, only the headline. Is this another form of clickbait? 🤔
Source: BusinessInsider - 🏆 729. / 51 Read more »