Morgan Stanley

Market pros name the likely winners and losers as sterling slumps

The British pound continued its slide against the US dollar this week, hitting a new record low against the greenback Monday. Sterling briefly touched $1.0382 in Asia trading — the lowest level on record since 1971 — as investors weigh the cost of UK Prime Minister Liz Truss’ sweeping tax cuts and investment incentives that …

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A Morgan Stanley exec says the S&P could fall to the low 3,000s

The S & P 500 could fall to the low 3,000 range, as an earnings recession appears “unavoidable,” but the market may then not stay down for long, said Mike Wilson, Morgan Stanley’s chief US equity strategist, who was correctly bearish going into this tough year for markets. “We’re in a cyclical downturn for growth, …

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Indian stocks to buy to play the investment boom: Morgan Stanley

India is set to see a surge in investments, according to Morgan Stanley, which named several stocks it thinks could benefit from rising capital expenditure in the economic powerhouse. In a note entitled “How to Play India’s Coming Capex Boom,” Morgan Stanley analysts said it was expecting supply-side factors and to align with improving demand, …

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Morgan Stanley finds a way to trade US dollar based on obscure market’s accuracy on inflation

For much of the past few years, an obscure corner of the financial market has done a better job than professional forecasters with predicting where the US consumer price index report’s annual headline inflation rate will land. Now strategists at Morgan Stanley MS, +0.41% have found a way to trade on that accuracy. They propose …

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Morgan Stanley’s Mike Wilson on bear market and the S&P 500

There has been much debate among market watchers about when this bear market will bottom, after a turbulent first half of the year for stocks. But Morgan Stanley’s chief investment officer believes that the end of this bear market will come “pretty quickly.” Mike Wilson, also the investment bank’s chief US equity strategist, told CNBC …

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