Stock Market Outlook: Bear Rally Conditions Not Sustainable, MS CIO Says
Investors should proceed with caution and not get overconfident, says Morgan Stanley's Lisa Shalett
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Investors should proceed with caution and not get overconfident, says Morgan Stanley's Lisa Shalett
"Like a child successfully throwing tantrums to get more sweets, markets came to expect looser financial conditions," top economist El-Erian said.
Policymakers are intent on tackling inflation by any means necessary, prompting investors to punish both stocks and bonds this week.
Equities were muted, with several Fed speakers due to talk later, concern lingering over inflation and the potential for more sanctions on Russia.
A 25-year market vet shares the six best sectors to invest in and explains why markets are in a historically unprecedented era.