Morgan Stanley: Whether the Fed cuts interest rates by 25 or 50 basis points, the market can trade on a safe-haven tone
2024-09-16 12:30:17
"If the jobs data weakens from now on, whether the Fed's first rate cut is 25 basis points or 50 basis points, the market is likely to trade on a safe-haven tone," Mike Wilson of Morgan Stanley, one of the most prominent bears until mid-2024, wrote in a note. On the other hand, he said that if the jobs picture improves, the Fed will cut interest rates by 25 basis points in a row by mid-2025, which could further support U.S. stock valuations.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article:
摩根士丹利:无论美联储降息25或50基点,市场都可以避险基调进行交易Next article:
三菱日联:美联储本周降息25基点难以提振美元