Stanley

From Bank of America to Morgan Stanley, the Wall Street giants expect stocks to fall more than 20% next year.  Here is what they said.

From Bank of America to Morgan Stanley, the Wall Street giants expect stocks to fall more than 20% next year. Here is what they said.

Three major Wall Street banks expect the S&P 500 to fall more than 20% at some point next year. U.S. stocks face a recession, earnings outlook cuts and liquidity risks as the Fed raises rates. Here’s what Morgan Stanley, Bank of America and Deutsche Bank are saying about what could drive stocks lower. Loading Something …

From Bank of America to Morgan Stanley, the Wall Street giants expect stocks to fall more than 20% next year. Here is what they said. Read More »

Morgan Stanley cuts its outlook on the US housing market, where it expects a house price correction in 2023

Morgan Stanley cuts its outlook on the US housing market, where it expects a house price correction in 2023

Nationally, home prices fell 1.3% between June and August. It marked the first decline measured by the lagged Case-Shiller National Home Price Index since 2012. It’s more than a small dive, it’s a change of trajectory. At least, that’s according to the latest forecasts produced by Morgan Stanley’s economics team. This year, Morgan Stanley expects …

Morgan Stanley cuts its outlook on the US housing market, where it expects a house price correction in 2023 Read More »

Tesla stock bulls and bears react to Elon Musk's $700 billion crash.  Here's what Morgan Stanley, Citi and others say could happen next

Tesla stock bulls and bears react to Elon Musk’s $700 billion crash. Here’s what Morgan Stanley, Citi and others say could happen next

Analysts aren’t lamenting Tesla despite a market rout that wiped nearly $700 billion in value from its peak a year ago. In fact, even a renowned Tesla bear improved on the stock, saying it had probably bottomed out. “We think the year-to-date pullback has offset the near-term risk/reward,” said Citi analyst Itay Michaeli. Loading Something …

Tesla stock bulls and bears react to Elon Musk’s $700 billion crash. Here’s what Morgan Stanley, Citi and others say could happen next Read More »