Investors ought to brace for market turmoil over the subsequent 12 months. That’s the warning from Morgan Stanley’s cross-assets workforce, who says their cyclical indicator has flipped to “downturn” from “expansion,” a shift that has traditionally led to weaker returns for shares and different dangerous belongings, together with an elevated probability of a recession. In […]
BOSTON (Reuters) – Morgan Stanley was ranked as the top adviser to corporations focused by activist buyers publicly for the third straight yr in 2018 whereas Goldman Sachs vaulted previous two rivals to the quantity No. 2 spot, based on Refinitiv data revealed on Thursday. An indication is displayed on the Morgan Stanley constructing in […]
IStockphotograph Don’t mistake a resting bear for a hibernating one, advises Morgan Stanley inventory market strategist. Elon Musk’s cringe-inducing Twitter meltdown, the rise and fall of bitcoin, and the record-breaking oil plunge — for some 2018 can’t finish quickly sufficient. But watch out for what you would like for because the bear that has […]
Morgan Stanley has cooled on the tech sector, however analysts there nonetheless see massive potential for funds corporations. The workforce at Morgan Stanley, led by James Faucette, upgraded the funds and processing business to engaging on Thursday, citing a variety of key tendencies that would underpin progress in the quarters to return. Among them: “resilient” […]
U.S. stock futures struggled for direction on Wednesday, setting the most important indexes up for rangebound motion, with the second day of Federal Reserve Chairman Jerome Powell’s testimony to Congress ahead. Meanwhile, the company earnings season was set to proceed at full velocity, with outcomes from Morgan Stanley and Abbott Laboratories on deck ahead of […]
ROME (Reuters) – An Italian administrative court has dominated that it cannot hear a case over derivatives introduced towards Morgan Stanley (MS.N) that included a request for two.7 billion euros ($three.1 billion) in damages from the U.S. funding financial institution. The company emblem of monetary agency Morgan Stanley is pictured on the corporate’s world headquarters […]
The Federal Reserve’s vice chairman says he’ll depart in mid-October, leaving simply three individuals on the seven-seat board. SOURCE: NYT > DealBook – Read whole story here.
While elements of the wealth-management business have been roiled by the fiduciary rule and preparations for its June 9 efficient date, Morgan Stanley isn’t among them, writes WSJ Wealth Adviser’s Michael Wursthorn. The financial institution stated that whereas the rule has had a chilling impact on recruiting, dealer attrition has been low and the brokerage […]