Morgan Stanley's chief investment officer said that unless the 10-year Treasury yield continues to fall below 4.5% and there is no significant deterioration in growth, it will continue to prioritize large-cap quality stocks. Click to view...
Morgan Stanley economists said they no longer expect the Federal Reserve to cut interest rates in March, and now expect a rate cut in June this year. The Trump administration is imposing tariffs faster than we expected, which could mean that the pullback in inflation will stall at higher levels, blocking the possibility of any near-term rate cuts. (Jin Ten)
Ted Peake, Morgan Stanley's chief executive, said on Thursday that the bank would work with US regulators to see whether it could engage deeply in the cryptocurrency market. "The key for us is whether we, as a highly regulated Financial Institutions Group, can act as traders," Mr. Peake told CNBC at the World Economic Forum in Davos, Switzerland. "We will work with the Treasury and other regulators to see how we can provide this service in a safe way."
Morgan Stanley said the US non-farm payrolls report should reduce the likelihood of a near-term rate cut by the Federal Reserve. With the inflation outlook more favorable, a rate cut in March remains more likely.
Morgan Stanley said the US non-farm payrolls report should reduce the likelihood of a near-term rate cut by the Federal Reserve.
Morgan Stanley: The Federal Reserve is expected to cut interest rates twice in 2025 by 25 basis points each, compared to the previous forecast of three 25 basis point cuts.
US banks such as Goldman Sachs Group, Morgan Stanley and Bank of America are asking investors to disclose whether they plan to borrow extra to invest in significant risk transfer (SRT) vehicles, as regulators examine whether they pose a threat to financial stability, according to people familiar with the matter. Investors have been asked this question in recent months as the promotion process kicks off. It comes as authorities warn investment firms looking to buy SRT, a type of investment vehicl...
Morgan Stanley expects the 10-year Treasury yield to fall to 3.75% by mid-2025 and just over 3.50% by the end of next year, with a 75 basis point cut expected in the first half of 2025.
Morgan Stanley: The yield on the 10-year U.S. Treasury bond is expected to fall to 3.75% by mid-2025. (Jin Ten)
Morgan Stanley said the economy is growing strongly but inflation is getting closer to target, pushing the Fed to cut rates by 25 basis points. At the press conference, Powell will acknowledge strong GDP growth and payrolls in the third quarter of 2024 and will not emphasize the slowdown as he did at the last meeting.... Powell is not expected to give specific guidance on the size or pace of future rate cuts. Focus on the statement's statement on job growth. Fed Governor Bowman is expected to su...
The Fed will cut rates by 25 basis points each in November and December, Morgan Stanley said in a statement raising its assessment of economic growth and continuing to acknowledge inflation progress. Powell is not expected to commit to the size or pace of future rate cuts, and decisions will depend on data.
Morgan Stanley said chief executive Ted Pick had been elected chairperson effective January 1. James Gorman will step down as chairperson and leave the board. Gorman will also retire from Morgan Stanley and will be named chairperson emeritus at that time.
The US economy remains in good shape, according to Morgan Stanley's chief executive, giving a tailwind to the incoming administration regardless of party. Uncertainty may persist for a while, but markets tend to be relatively calm about it.
On October 9, Morgan Stanley said that the performance of real estate sales during the Golden Week of 2024 exceeded expectations: the major developers we tracked performed strongly in real estate sales during the National Day Golden Week of 2024 (October 1-7), with an average year-on-year increase of 39%. This represents 86% of sales in September 2024, and 60% of contracted sales in October 2023, indicating that sales in October are likely to have a mid-double-digit increase month-on-month, and ...
Morgan Stanley expects the Bank of England to vote 6-3 in favour of unchanged rates. But there could be a dovish shift in policy language, suggesting a move could come in November. "Given all the data since August and the size of the restrictions in place, we think the market should price a rate cut in September slightly higher. But even so, we don't think there is more than a 30 per cent chance of a rate cut."