Morgan Stanley is “putting our money where our mouth is” and downgrading global equities to underweight from equal-weight.
President Donald Trump renewed his attack on the Federal Reserve, saying the central bank “doesn’t have a clue” and may be sizing up replacements now.
Some say the Fed is being harangued by the president but it's really being harangued by the bond market, the billionaire DoubleLine founder says.
Roubini has said it is “a scary time for the global economy” between oil and trade even though the sentiment in stock markets does not reflect it.