Morgan Stanley’s chief investment officer and chief US equity strategist, Mike Wilson, is issuing a warning on the stock market. Wilson says in a CNBC interview that the stock market rally currently being experienced is unlikely to last long. “It’s going to remain volatile through the end of the second quarter. So whatever rally we’re […]
The post Morgan Stanley Warns of Short-Lived Stock Market Rally, Says Equities To Print ‘Durable’ Low Later in the Year appeared first on The Daily Hodl.
Three of the biggest banks in the US are revealing what they believe is next for the S&P 500 after the stock market index witnessed a major sell-off to start the year. Starting with JPMorgan Chase, analysts at the largest US bank say they don’t believe tariff-related headlines are the catalyst behind the recent marketwide […]
The post Market Correction Over? JPMorgan Chase, Bank of America and Morgan Stanley Detail S&P 500 Outlook After $5,500,000,000,000 Tumble: Report appeared first on The Daily Hodl.
Several Wall Street banks including JPMorgan Chase are abruptly changing their forecasts for the US stock market. JPMorgan Chase’s head of global market intelligence Andrew Tyler says the lender’s trading desk is flipping short-term bearish on the stock market amid a deteriorating macroeconomic backdrop, reports Bloomberg. All in all, the US stock market has wiped […]
The post $3,400,000,000,000 Market Meltdown Triggers Economic Alerts From JPMorgan Chase, Morgan Stanley and Goldman Sachs As US Banks Abruptly Change Outlook appeared first on The Daily Hodl.
Big banks are quietly scrubbing the public record of their diversity, equity and inclusion (DEI) policies following US President Donald Trump’s upheaval of the controversial practice. Citing banking executives, lawyers and other insiders familiar with the matter, The Wall Street Journal reports that JPMorgan Chase, Citigroup and Morgan Stanley are all “watering down” their language […]
The post JPMorgan Chase, Wells Fargo, Bank of America, Citigroup and Morgan Stanley Examining or Eliminating DEI Language After Trump’s Executive Order: Report appeared first on The Daily Hodl.
US financial giant Morgan Stanley says the Department of Government Efficiency (DOGE) headed by Elon Musk is likely extremely bullish for the US economy. In a new interview on CNBC, Mike Wilson, Morgan Stanley’s chief investment officer and chief US equity strategist, says that the bank’s “bull case” for this year is that the US […]
The post Elon Musk’s DOGE May Be the ‘Most Bullish Thing That Could Happen’ To US Economy, According To Investment Bank Morgan Stanley – Here’s Why appeared first on The Daily Hodl.
Six of the largest banks in the US recorded exceptional returns in 2024, despite recession fears and geopolitical uncertainty. JPMorgan Chase, Citi, Bank of America, Goldman Sachs, Wells Fargo and Morgan Stanley printed $145.68 billion in combined profits last year, largely propelled by stellar performances in investment banking and dealmaking. JPMorgan Chase witnessed a net […]
The post JPMorgan, Citi, Bank of America, Goldman Sachs, Wells Fargo and Morgan Stanley Reap $145,680,000,000 in Profit in One Year appeared first on The Daily Hodl.
Morgan Stanley is doubling down on crypto, pledging to work with regulators as it eyes bitcoin’s resilience and the sector’s game-changing potential for finance. Aligning With Regulators: The Key to Unlocking Crypto’s Potential in Finance Morgan Stanley CEO Ted Pick revealed on Thursday that the bank is preparing to collaborate with U.S. regulators to explore […]
The chief executive of banking giant Morgan Stanley reportedly says the firm is willing to work with US regulators on crypto offerings. According to a new report by CNBC, Morgan Stanley CEO Ted Pick is collaborating with regulatory agencies to see if it can further venture into the digital assets industry. As stated by Pick […]
The post Morgan Stanley CEO Says the Financial Giant Will Collaborate With US Regulators on Crypto Offerings: Report appeared first on The Daily Hodl.
Morgan Stanley’s wealth management arm will pay a multi million-dollar penalty after allegedly failing to stop four former financial advisors from stealing cash from customer accounts. The U.S. Securities and Exchange Commission (SEC) is charging Morgan Stanley Smith Barney (MSSB) for failing to adopt measures and policies that could have prevented four ex-financial advisors from […]
The post $15,000,000 Fine Hits US Banking Giant After Employees Allegedly Drain Millions From Wealthy Customers’ Accounts appeared first on The Daily Hodl.
A dozen Wall Street firms including JPMorgan Chase, Wells Fargo and Bank of America are revealing their 2025 targets for the S&P 500. The financial companies collectively expect the US stock market to reach fresh all-time highs next year amid expectations that a Trump presidency will create a favorable macroeconomic environment for equities, reports Yahoo! […]
The post JPMorgan Chase, Wells Fargo, Bank of America and 9 Wall Street Firms Forecast Record-Breaking Year for US Stock Market in 2025: Report appeared first on The Daily Hodl.
