Feedback from Morgan Stanley Wealth Administration on expectations for US shares forward:
- Excessive-quality progress shares are one of the best locations for traders
- fairness costs anticipated to grow to be grow to be uneven
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“In our view, we remain in a late-cycle environment during which markets will oscillate between accelerating and decelerating growth narratives”
- “Asset prices are materially higher than three months ago, thanks mainly to the Federal Reserve’s transition from ‘higher for longer’ interest rates to ‘we’re done hiking and likely to be easing in 2024.’”
And, their Fed outlook:
- Fed will start to taper quantitative tightening starting summer time
This text was written by Eamonn Sheridan at www.forexlive.com.
