Wall Street Games Out a ‘No Landing’ in Era of Stock Turbulence
Fed to intensify its inflation battle in the grip of a still-resilient economy is forcing Wall Street pros to rethink the stock-trading landscape.
Fed to intensify its inflation battle in the grip of a still-resilient economy is forcing Wall Street pros to rethink the stock-trading landscape.
Next week’s US inflation data will mark a turning point for the equity rally at a time when investors are swapping stocks for bonds.
Stocks have rallied in the face of worsening earnings and economic expectations, producing “massive disconnects”.
Big-money speculators are shunning the new-year equity rally, unconvinced by the buying frenzy that has swept across the retail crowd.
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Stocks in emerging markets are set to be this decade’s winners, Morgan Stanley Investment Management said.
Oaktree Capital Group LLC co-founder Howard Marks, a closely watched investor in high yield debt, says the rally in junk bonds can’t last.