With US equities reaching contemporary highs repeatedly, fund managers proceed to again the S&P 500. (Picture: REUTERS) Fund managers throughout the globe are over the concern covid-19 pandemic, in accordance with Financial institution of America’s (BofA) current fund supervisor survey. Among the many 194 fund managers surveyed by the worldwide funding financial institution, as many
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With the upside capped, Morgan Stanley believes buyers ought to give attention to reflationary beneficiaries like Financials and Supplies. (Picture: REUTERS) With the S&P 500 index already above Morgan Stanley’s year-end goal of three,900, the worldwide brokerage and analysis agency believes there’s no room left for the index to rise additional. “We proceed to consider
Wall Street investors have been moving towards value stocks in recent weeks as the US economy picks up pace and vaccination drives accelerate. (Image: REUTERS) Wall Street investors have been moving towards value stocks in recent weeks as the US economy picks up pace and vaccination drives accelerate. Amid the positive economic outlook, one of
In terms of near term fears, the ace market strategist sees tapering scare as a possible catalyst for a market correction. (Image: Reuters) Wall Street continues to remain in the firm control of bulls, with Dow Jones hitting a fresh all-time high on Wednesday after S&P 500 achieved the same feat last week. Global equity
Stepping into the post-pandemic world, Wilson questions if there will be a demand slowdown as people get on with the normal lives. (Image: REUTERS) With the US economy now re-opening and getting back to the old normal, Morgan Stanley’s Chief U.S. Equity Strategist, Mike Wilson says he is now concerned about the risks that come