Morgan Stanley is encouraging everyone to enjoy the current economic situation while we still can. According to the investment bank, stocks will plunge again and another market storm is coming.
The S&P 500 will soon suffer a retest of the lows from Christmas Eve because of shrinking earnings estimates and mounting economic concerns, investment bank Morgan Stanley warned in a Monday report titled “Don’t fear a potential recession; Embrace it.” But many are stuck living paycheck to paycheck and any market recession could be the tipping point for everyday Americans.
“Should the hard data deteriorate further, as we expect, we think the market will quickly return to pricing in a recession and rate cuts,” wrote Michael Wilson, Morgan Stanley’s chief U.S. equity strategist. According to CNN, Wilson was among the few on Wall Street who correctly predicted the recent market downturn, though even he was surprised by how quickly it happened. “We think the odds of an earnings and economic recession have increased materially,” Wilson wrote in his report.
The Dow has spiked more than 2,100 points, or about 10%, since Christmas Eve. Fears of a recession have faded thanks to progress on U.S.-China trade talks, soothing words from the Federal Reserve and a very strong December jobs report.
Even though stocks have rebounded nicely, some red flags persist. For instance, numbers released on Monday show China suffered its biggest drop in exports in two years in December as global growth slowed. Germany’s economy grew last year at the weakest pace since 2013.
Meanwhile, the once-booming junk bond market has slowed to a near-halt. And last week. Macy’s suffered its worst day of trade ever after reporting weak holiday sales and dimming its outlook. –CNN
Wilson further said the United States is “in the midst of a fairly steep and broad” negative earnings revision cycle and 2019 margin estimates have already contracted by the most for this time of the year since 2008. “The fundamentals remain murky at best with earnings visibility deteriorating,” Wilson said in writing. “We don’t know if an economic recession is coming or not,” Wilson wrote. However, he said that if there is a recession, it will likely be “shallow and brief” like the 1990 downturn.
QUESTION FOR VILE EVIL DISGUSTING DUMBED DOWN AMERICAN COWARDS:
It has been 5 years since the Holy Spirit came to me and gave me the greatest gift a human being can ever receive in Satan’s HELLHOLE OF VILE EVIL DISGUSTING NEW BABYLON AMERICA, yes the Holy Spirit made me SOVEREIGN and free from the filthy vile evil disgusting criminal treasonous murderous genocidal Satanist PSYCHOPATH Pedophile controlled United States CORPORATION Government from the inner pits of the bowels of hell in Washington DC, so my question is this to the dumbed down AMERICAN COWARD PUSSY…..WHY ARE YOU STILL A FILTHY VILE EVIL DISGUSTING SATANIST PSYCHOPATH PEDOPHILE LOVING AND SUPPORTING CORPORATE WHORE AMERICAN TRASH?????
Hiya, Ronnie. Always a plum pleasing pleasure hearing from you.
How you doin today… I love delivering messages from the Holy Spirit to fine people like you!!!
Funny. The HS has never spoken to me in CAPs.
paraphrased Proverbs warns that a person who is righteous in his own eyes is, to use your own words; “A FILTHY VILE EVIL DISGUSTING SATANIST PSYCHOPATH PEDOPHILE LOVING AND SUPPORTING WHORE”
Silly little cowardly Satanist American, a scripture battle with me would be useless, you will ALWAYS lose, because scripture clearly supports what I am saying and the
I am giving to damned and doomed Satanist PSYCHOPATH Pedophile loving and supporting AMERICAN COWARDS…
What does Our Lord and Savior Jesus Christ say about those who harm children like the Satanist Pedophiles controlling your criminal treasonous murderous government???????
What does Our Lord and Savior Jesus Christ say about those human filth who sacrifice children to Baal, Molloch, Baphomet, and who knows what other demonic entities-through THE ABORTION SACRIFICE OF CHILDREN in New Babylon America??????
What does our Lord say about those “who poison our brothers and sisters”, and those who poison and dumb down our doomed children with toxic GMO filed poisonous hell and PHARMAKIA like the Satanist PSYCHOPATH Pedophile United States CORPORATION Government from hell is doing RIGHT NOW to our population?????????????????
So what AMERICAN COWARD do you think Our Lord has to say about those COWARDS who support and love such a filthy vile disgusting murderous genocidal criminal treasonous Satanist PSYCHOPATH Pedophile controlled government???????????????????????????????????????
POINTELSS SCRIPTURE BATTLE AMERICAN COWARD YOU WILL ALWAYS LOSE
H.J., shouting into a dark hole only gets you distorted echos of your own words reflected back, not a meaningful or logical reply
such as it is with Ron 🙂
I believe that the government shutdown has interrupted the delivery of Ron’s medication…
But of course the shutdown of the Satanist PSYCHOPATH Pedophile government from hell did not “interrupt” the following: Pedophiles and Pedovores are still running wild on the dumbed down, vaxxed up, doomed American children their COWARD AMERICAN PARENTS could care less about and should of NEVER had, it did not stop the abortion sacrifices to Baal, Molloch, Baphomet, and all their other demonic Gods, the Sodomite Transgender Satanist Pedophile Agenda keeps marching forward in damned and doomed New Babylon America on ABC DISNEY and the other Satanist CORPORATE WHORE NETWORKS, and of course the poisonous toxic GMO filled hell and soda poison is still flowing and being delivered to the dumbed down toxic dump soda sucking GMO gobbling AMERICAN COWARDS and their doomed children they keep poisoning because the AMERICAN COWARDS are addicted to the poisonous toxic SUGAR FILLED FAKE FOOD HELL, and the CHEMTRAILS are still filling the air, so there you have it COWARD AMERICAN PUSSY nothing was “interrupted” for your dumbed down American cowardly ass…..Lord, I hope you did not reproduce.
don’t give up your gun you going to need it
I’d like to see a breakdown of the import/export imbalances by product category.
I’d just like to see a breakdown.
If you had traded 40 years like I have you would know what is going on. The market was due a correction we got one. The first major thrust down like December is what the market gives us for a correction. It is normal to retest the lows from this first major thrust down and may go even lower as long as most major longer term support holds.
Does the price of silver tend to go up or down with crashes? For buying selling.
Nothing to new here