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.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Morgan Stanley CEO calls for ‘small sandboxes’ to contain financial stormsMorgan Stanley CEO James Gorman calls for regulators to contain bank risk with 'vigilant oversight' in order to shore up confidence in financial firms.
続きを読む »
Commercial real-estate prices could tumble 40%, rivaling declines from the 2008 financial crisis: Morgan StanleyA downward spiral of commercial property prices can hurt sectors beyond the real-estate industry, warns Lisa Shalett, chief investment officer at Morgan...
続きを読む »
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.
続きを読む »
First Republic wealth advisor moves over to Morgan Stanley: Barron’sMorgan Stanley has hired First Republic Bank wealth advisor Steven Levine in another departure from the troubled bank, Barron’s reported late Wednesday....
続きを読む »
25,000 cases in one week and a call to arms: Morgan & Morgan’s battle with insurersLitigation is rarely warm and fuzzy, but what’s unfolding in Florida between plaintiffs firm Morgan & Morgan and the insurance industry puts hardball tactics in a new light.
続きを読む »
Dijon Stanley is set to challenge Rodrick Pleasant at Arcadia InvitationalGranada Hills sprinter Dijon Stanley is ready to challenge friend and rival Rodrick Pleasant of Gardena Serra in 200 at the Arcadia Invitational.
続きを読む »