Business

The stock market is underestimating sticky cost inflation that's eating away at company profits, says Morgan Stanley's Mike Wilson

10 days ago   |   By Business Insider

Morgan Stanley chief equity strategist Mike Wilson. Bloomberg TV
The market is in worse shape now as sticky inflation is eating into company profits, says Morgan Stanley's Mike Wilson.
He warned the market is underestimating businesses' inability to balance out costs and revenue.
"We think the market is in worse shape," Wilson said in a CNBC interview on Tuesday.
US financial markets are underestimating the extent to which company profits may fall as inflation remains sticky, according to Morgan Stanley chief equity strategist Mike Wilson. In an interview with CNBC on Tuesday , the...
Read more ...

 

Don't pile into stocks because there'll be a 10% correction in the S&P 500 by summer, JPMorgan hall-of-famer strategist says

10 days ago   |   By Business Insider

JPMorgan's top strategist Marko Kolanovic. Hollis Johnson/Insider
Investors should avoid US stocks for the next six months, according to JPMorgan's top strategist.
"Things have to get worse before they can get better," Marko Kolanovic said Tuesday.
The strategist expects the S&P 500 to fall 10% - or even more - in the first half of this year.
Investors should stay away from US stocks for the next six months, as the threat of a recession and the Federal Reserve's rate hikes are still likely to weigh on equities, according to JPMorgan's top strategist. Marko Kolanovic said Tuesday he is now...
Read more ...

 


Search by Tags

   Business      Fall      Cycling      Theme      Markets      MI Exclusive      Mike Wilson      Morgan stanley mike wilson      Morgan Stanley      Stocks      US stocks      Inflation      Sticky inflation      Fed      Fed inflation      Stock Market Outlook      Stock market outlook 2023      Money      Reservation      Reservations      Stock Market Analysis      Stock Market Strategy      Investing Analysis      Investing Outlook      Investing Strategy      S&P 500      Marko Kolanovic      JPMorgan      Stock Market Crash      Recession      Federal Reserve  


HAPPILY TRIPPING AROUND THE YARD REARRANGING ALL THE SNOW AGAIN

HAPPILY TRIPPING AROUND THE YARD REARRANGING ALL THE SNOW AGAIN

A COLD WINTERS DAY Pheebs and I headed out this morning to check on our area roads. Highway 21 was bare and dry and the secondary paved roads and country gravel roads were all... Read more ...

AT 835 - Travel to Turkey

Hear about things to do in Istanbul and in Trabzon on the Turkish Black Sea coast as the Amateur Traveler talks to Kimberly from The Art of Living in Turkey about her adopted... Read more ...

16 Unmissable Things To Do In The Canary Islands

16 Unmissable Things To Do In The Canary Islands

With rich forests, rugged cliffs, an archipelago of untamed islands, volcanoes, tropical weather on one island and snowfall on another - there is so much diversity in The... Read more ...

17 Unmissable Things To Do In Madrid

17 Unmissable Things To Do In Madrid

Madrid is the Capital of Spain and is a city of elegance, vibrancy, and luxury. Its streets are lined with expansive parks, bustling markets, boulevards full of art galleries... Read more ...

The Ultimate 3-Day Spanish Basque Country Itinerary

The Ultimate 3-Day Spanish Basque Country Itinerary

If you love mind-blowing views of endless green hills and majestic mountains tumbling into a choppy coastline, then you're going to love the Basque Country in Spain. San Juan... Read more ...

Lots Going On

Lots Going On

Yuma, Arizona High 77 Low 40 It finally got warmer here in Yuma. Monday we went to a craft show at our Church here in Yuma. There are a lot of talented people. Cindy was... Read more ...

Attention Travelers: Hong Kong Airport Giving Away 500,000 Round-Trip Plane...

If you asked me pre-pandemic what my favorite city in the world was, I would have said, “I don't have one but my top four are Los Angeles, New York,... Read more ...

OMG: Couple Leaves Baby at Airport Check-In Counter and There's Video

In the past three years, we've seen a shocking amount of unbelievably bad behavior in airports. Just this year alone, there have been some of the most appalling incidents like... Read more ...

SusieCakes: Your Valentine's Day Gift Search is Over

When my husband and I started dating, we were in a long-distance relationship. He lived in Los Angeles and I lived in Toronto. So whenever we visited each other, we'd... Read more ...

Video shows the moment an F-22 shot down a Chinese spy balloon over the...

The United States on Saturday downed a suspected Chinese spy balloon off the Carolina coast after it traversed sensitive military sites across North America and became the... Read more ...