Why Morgan Stanley Thinks These Stocks Are the Bomb
The Wall Street house gives its semi-annual picks on what can do well in any economy.
Market Moves
Why the Market’s Breadth Might Mean a Downdraft After All
Wide dispersion in stock sectors suggests a slide ahead, says Sam Stovall, citing market history.
Market Killjoys: BlackRock, Goldman, RBC, Morgan Stanley
They all see a halt to the strong stock rally—anyway the third quarter is usually the worst.
Drama Aside, Meme Stocks Are Having a Good Year So Far
Retail investors holding on to social media darlings have helped some business gain a new lease on life. But many worry that the good times won’t last.
Welcome Big Tech Back to the Head of the Class
Amazon, Microsoft, and the gang are posting better returns and will keep on rising, says Barclays.
Calm Corporate Bond Market Shows Everything Is OK, Says LPL
Tight spreads to Treasurys plus low yields show investors aren’t worried about the economy, strategist Gillum finds.
CPPIB, Alberta Plan Invest Nearly $2 Billion in BAI Communications
The Canadian allocators are deepening commitments into the firm just as it’s expanding its 5G rollout capabilities in the US and UK.
Good News for Company Plans: Need for More Contributions Is Dwindling
Corporate tax reductions and strong investment returns have put pension plans in a good place, a NISA study finds.
Dalio’s and Summers’ Dim View on Inflation, Markets, the Economy
The hedge fund honcho and the Harvard economist deride benign forecasts, like the Fed’s.
Rescue for Falling Bank Stocks: An End to Payout Curbs
The Fed is set to lift buyback and dividend restrictions, says Piper Sandler, as the flattening curve harms lenders’ shares.
Buy Tech, But Not the Big Boys, and Use Private Equity, UBS Says
PE is a much better way to own technology companies, and there are more pickings, the bank argues.
Why the Fed Won’t Tighten Soon: Too Much Unemployment, Says Strategist
The high jobless level counters any push to curb central bank stimulus, argues Commonwealth’s McMillan.
Will High Inflation Do a Number on Stocks? You Bet, Says Goldman
Its 50-year study documents just how an escalating CPI is no friend to the market.
Another Taper Tantrum on the Way? Don’t Worry, Says Market Sage
Investors’ violent 2013 reaction, as the Fed eyed trimming its bond buying, is unlikely to recur these days, Leuthold’s Paulsen argues.
Black Gold: Oil Prices Are Set to Hit $100 Again, BofA Says
Per-barrel costs have shot up from $18 in early 2020, and may even reach $175, the bank’s analysts contend.