Morgan Stanley’s Wilson Says ‘It’s About Labor Data’ for Markets
Morgan Stanley’s Wilson Says ‘it’s About Labor Data’ For Markets
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Fri, 08/23/2024 - 6:32am
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BING NEWS:
- Labor costs remain high for small businesses, but a report shows wage growth is slowing for some
“After holding steady for several months, hourly earnings growth continued to decelerate in August,” said John Gibson, Paychex president and CEO. “Falling below three percent for the first time in ...
09/10/2024 - 3:06 am | View Link - Morgan Stanley's Wilson Says Yen Carry Risk Lingers For Stocks
“The yen carry-trade unwind may still be a risk factor behind the scenes,” Wilson wrote in a note. “A quick drop in US front-end rates could cause the yen to strengthen further, thus eliciting an ...
09/9/2024 - 4:37 am | View Link - Why Morgan Stanley’s top strategist thinks a half-point Fed interest-rate cut would actually hurt stocks
Michael Wilson, equity strategist at Morgan Stanley, recognizes that it’s a bit of both. In a note published Monday, he says that traders at the end of last week wanted to see that the previous soft ...
09/9/2024 - 2:10 am | View Link - Dow Slips Ahead Of Jobs Report—With Anxious Observers Calling It A ‘True Test’ For Stocks
The blue chip Dow Jones Industrial Average fell 180 points, or 0.4%, by late afternoon, and the benchmark S&P 500 dipped 0.2%, with both largely sector neutral indexes on track to close at their ...
09/5/2024 - 9:04 am | View Link - Stocks that have underperformed are poised to catch up if the latest jobs data is strong, Morgan Stanley says
Morgan Stanley's chief US equity strategist Mike Wilson says the next round of jobs data could provide a boost to underperforming stocks. The latest stock market rally, spurred by investments in ...
09/3/2024 - 1:00 pm | View Link - More
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