23-09-2024
Morgan Stanley’s Mike Wilson has been one of the most cautious voices on Wall Street, but even caution can become too expensive. He says the firm is now neutral on defensives vs. cyclical stocks because of valuation.
23-09-2024
“Our agent thinks it would be best if we just put a down payment on the new house and invest the money.”
23-09-2024
“In short, market participants seem to agree with this thesis—in a world in which the government decides to keep the economy going via heavy fiscal spending, lower rates / other policy tools are helpful in terms of supporting that spending. As a result, the purchasing power of U.S. dollars has fallen much more than what conventional measures of inflation would suggest,” say strategists at Morgan Stanley led by Mike Wilson.
23-09-2024
The beautiful lakefront home in Issaquah, Wash., overlooks the waters of Lake Sammamish.