UBS expects the Fed to halve interest rates next year. Here are 3 preferred trades
Investment bank names its favored trades for 2024 after forecasting a 2.75 percentage point cut in U.S. interest rates.
Source: cnbc.com
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Morgan Stanley says the average stock is breaking down, S&P 500 to fall to 3,900 by year-end
Wilson's 3,900 forecast for the S&P 500 makes him among the most bearish strategists on Wall Street.
Source: cnbc.com
Need to Know: These strategists say investors need quality, so sell Tesla and AMD, and buy these stocks instead.
Need to Know: These strategists say investors need quality, so sell Tesla and AMD, and buy these stocks instead. Need to Know June 30, 2023 View in Web Browser These strategists say investors need quality, so sell Tesla and AMD, and buy these stocks instead. By Barbara Kollmeyer Critical information for the U.S. trading
Source: mrtopstep.com
Buy cheap, defensive stocks so long as recession fears mount, UBS says
UBS tells investors to stick to dependable defensives, given recent softness in economic numbers.
Source: cnbc.com