Morgan Stanley Says Dollar Surge Tends to End in Crisis
Dollar’s recent rally creating “untenable situation” for risk assets including stocks. In past this dollar strength led to financial/economic crisis.
Dollar’s recent rally creating “untenable situation” for risk assets including stocks. In past this dollar strength led to financial/economic crisis.
Your clients look to you for leadership on the market. Asset managers with actual insight it takes to beat benchmark are extremely scarce this year.
Economists not only ones caught off-guard by hotter-than-expected inflation reading: Day earlier, investors were piling into world’s biggest tech ETF.
There could be a major blow to the U.S. economy coming down the line: Freight railroads are preparing for possible strikes.
China’s once-booming housing market cracking. The economy is sputtering under Covid lockdowns. And the People’s Bank of China has cut interest rates.
Regulators appear to be growing increasingly wary of banks and fintech startups getting too cozy.
How Europe will surmount its mountain of troubles is anyone’s guess -- and investors aren’t sticking around to find out.