Morgan Stanley Managing Director Kathy Entwistle and Strategic Wealth Partners CEO Mark Tepper discuss the January PPI release and the rise in home builder sentiment.
U.S. stocks have climbed to unsustainable highs and face imminent losses once investors realize there will be no Federal Reserve pivot later this year, according to Morgan Stanley strategists. Michael Wilson, the chief U.S. equity strategist at Morgan Stanley and a longtime Wall Street bear, warned in an analyst note this week that thehas entered a level known as the "death zone" – the name used in mountaineering to describe an altitude so high that climbers do not have enough oxygen to breathe.
"Many fatalities in high-altitude mountaineering have been caused by the death zone, either directly through loss of vital functions or indirectly by wrong decisions made under stress or physical weakening that lead to accidents," Wilson wrote. "This is a perfect analogy for where equity investors find themselves today, and quite frankly, where they've been many times over the past decade.
26 🪞 911
Yep it's going to be a cold winter
No surprise there
Fox Business helping wall street attempt to destroy markets because WS sat on the sidelines since October. Strange timing right before the Fed FOMC minutes release. An obvious staged attack.
A rather bleak picture
Finally getting some Truth. Why did it take so long? Market is a mess and anyone that has access to the Real numbers, knows it.
Talk about $mmtlp and how FINRA are keeping retail investors HOSTAGE for 75 days so far mmtlp finrafraud