20.1 C
New York
Tuesday, September 27, 2022

Buy now

spot_img

Morgan Stanley, Goldman Say Stocks Have Yet to Find a Bottom


For Morgan Stanley’s Michael J. Wilson, the odds of a US recession continue to increase, with the broker’s model showing a 36% probability in the next 12 months, while other warnings include rising jobless claims and falling job openings. “Counter-trend rally may continue, but make no mistake, we don’t believe this bear market is over, even if we avoid a recession,” he wrote in a note on Monday.





Source link

Related Articles

Stay Connected

0FansLike
3,502FollowersFollow
0SubscribersSubscribe
- Advertisement -spot_img

Latest Articles