Loading...
Israel's economy is expected to shrink by 11% in the current quarter, according to JPMorgan. This prediction comes as investors hoping for a year-end boost to stocks are likely to be disappointed, as stated by Morgan Stanley's Michael Wilson. Wilson believes that the chances of a fourth-quarter rally have significantly decreased. Additionally, JPMorgan warns that the stock market's biggest driver will be weaker than expected in the future.
JPMorgan says the stock market's biggest driver will be weaker than expected going forward https://t.co/DizpwTSnBA
Morgan Stanley's strategist Wilson says don't expect a fourth-quarter rally, S&P to end the year at this level https://t.co/4pZXjHGPrk
Wall Street bear Michael Wilson from Morgan Stanley said investors hoping for a boost to stocks by the end of the year will be disappointed - Bloomberg “Chances of a fourth-quarter rally have fallen considerably”
Investors hoping for a boost to stocks by the end of the year will be disappointed, according to Morgan Stanley’s Michael Wilson https://t.co/GImBWhf4da
Israel’s economy may shrink 11% this quarter, JPMorgan says https://t.co/PuDCW5GxTH
Israel’s economy may shrink 11% this quarter, JPMorgan says https://t.co/rZmXWIaWyH