Morgan Stanley’s chief investment officer Mike Wilson said last week’s stock surge is ‘a rally to sell’ as ‘bear market rallies are the most vicious.’
Morgan Stanley’s chief investment officer warned that last week’s stock-market surge was an economic calm before the storm — and that investors should take the opportunity to sell.
Wilson suggested in his note late last week that the US is nearing the end of a “late-cycle expansion phase,” or the conclusion of a growth cycle that comes right before a contraction.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Morgan Wallen Brings Hits, Jason Aldean & More to Round Out Trio of Nashville ShowsMorgan Wallen brought out Thomas Rhett, Lil Durk and others during his sold-out Nashville concert on March 18.
Read more »
Russia to open stock market this week: Impact will be 'internal,' not globalRussia has kept its stock market closed for three weeks as officials sought to avoid a market death spiral due to a sell-off and heavily inflated currency.
Read more »
Stock Futures Are Steady After S&P 500's Best Week Since 2020Last week, the three major averages notched their best week since November 2020, boosted largely by growth stocks.
Read more »
BTC, ETH, XRP, ADA and BNB Price Analysis for March 20Which coins are looking stronger than others? XrpYoyo ANT159694954 nuonrg WillyWonkaXRP RippleXrpie Dave_Jonez_02 BNB Pain_Alive_BNB Binance_DEX
Read more »
Mansions in Cherry Creek, Hilltop hit the market for eight figuresHomes in Cherry Creek and Hilltop hit the market for $10 million this week.
Read more »
Lines At This Ukrainian Bakery In DC Have Been Out The Door For Weeks'This is not the reason I want to have a lot of people,' says Anastasiia Derun, who co-owns D Light Café & Bakery with her sister Vira.
Read more »