Growing US Debt Putting Considerable Strain on Economy: Market Strategist
Burgeoning debt of the United States is placing considerable strain on its economy, compelling investors to consider reallocating their assets.
Burgeoning debt of the United States is placing considerable strain on its economy, compelling investors to consider reallocating their assets.
Morgan Stanley's Mike Wilson sees stocks nearly flat in 2024. Wilson projects earnings growth in the S&P 500 (^GSPC) to $229 per share.
US economy has been throwing off good economic signals for months now including a steady decline in inflation. Yet Americans' dour mood hasn't budged.
What’s the most important price in the global economy? The price of oil? Ask most people how the price of money is set, and they’ll say central banks.
S&P 500 Index’s best week in a year was just a bear market rally, according to Morgan Stanley’s top-ranked strategist.
Is it a last hurrah? Or just another strong showing from an economy that continues to defy the doomsayers?
The US economy has avoided slipping into recession all year, but one closely watched indicator shows it's on the brink.