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Morgan Stanley strategist Wilson: The weakness of the dollar will support US stocks outperforming Other global markets.
Michael Wilson of Morgan Stanley stated that a weaker dollar will support corporate earnings in the USA, helping American stocks outperform Other global markets. As many Wall Street strategists believe the era of American exceptionalism is coming to an end, Wilson uniquely believes that the USA remains a relatively good investment choice. He pointed out that the lower volatility of corporate earnings growth and the perception of higher quality among American companies are other reasons supporting this view. "We are still in the later stage of the cycle, where high-quality firms and large-cap stocks are expected to continue to perform well," he wrote in a report on Monday. Wilson expects
Societe Generale: Do not try to bottom-fish in the US stock market too early.
Europe and Asia Assets are benefiting from what French Industrial Bank strategist Arthur van Slooten describes as a "great rotation" away from USA Assets. This strategist anticipates that the inflow of funds into European stock markets, driven by USA investors, will reach the strongest level in two years. The search for alternatives to USA Assets has not resulted in an unusual outflow of funds from USA stock funds. USA bond funds experienced the most severe single-week outflow of funds since December 2022. van Slooten wrote in a report to clients, "We remind not to attempt to buy the dip in USA stocks too early, as the market dynamics are evolving."
The Jones Financial Companies, L.L.L.P. Submits Application for Industrial Bank Charter to Complement Existing Banking Strategy
After Trump postponed reciprocal tariffs on most countries, the market adjusted its expectations for the Federal Reserve to cut interest rates this year.
After Trump postponed the implementation of reciprocal tariffs on most countries, traders reduced their expectations for the Federal Reserve to cut interest rates this year, resulting in a significant drop in two-year U.S. Treasury bonds. When Trump announced on Wednesday that the implementation of reciprocal tariffs on dozens of countries would be delayed for 90 days, the market adjusted its expectations for the number of interest rate cuts by the Federal Reserve this year to less than three.
Goldman Sachs warns that under an "extreme" scenario, Brent oil prices may fall below $40 per barrel.
Goldman Sachs, which has lowered its oil price forecast twice within a week, stated that under extreme circumstances of escalating trade wars and increased supply, Brent crude oil prices could fall below $40 per barrel. "In an extreme scenario of a Global GDP slowdown and the full lifting of OPEC+ production cuts, we estimate that Brent crude oil will drop below $40 per barrel by the end of 2026, although the possibility is very small," analysts including Yulia Grigsby stated in a report on April 7. This view does not represent the bank's current base case forecast, which anticipates that Brent crude oil prices will be around $55 per barrel in December next year. The Global oil market has recently
Tariff threats to the global economy lead Wall Street to lower its S&P 500 Index targets.
As President Donald Trump’s widespread tariff measures threaten to disrupt the Global economy, Wall Street forecasters are racing to abandon their super Call predictions for US stocks. John Stoltzfus of Oppenheimer & Co., who was the biggest bull among many strategists until March, is now the latest strategist to lower his S&P 500 Index year-end target from 7,100 to 5,950. Michael Wilson of Morgan Stanley warns that if the Trump administration maintains a tough stance on tariffs, that benchmark index could see further declines.
RHB Raises Target Price for Gamuda Amid Upbeat Prospects on Data Centre Market
