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MORGAN STANLEY: High-growth tech stocks are entering a dangerous phase that is being mostly overlooked. These 3 trades can help investors profit while minimizing the risk to their portfolios

18 days ago   |   By Business Insider

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Halloween means scares and sequels, and Morgan Stanley Chief US Equity Strategist and Chief Investment Officer Mike Wilson says both are on the way for the market.
Six weeks ago, Wilson warned that two market scares were on the way. First, there would be a "growth scare" - and that happened in September , as COVID-19 cases rose and stocks dropped because of fears that the federal government wouldn't deliver any more economic support.
Those fears were revived Tuesday after President Trump said there would be no more economic relief negotiations until after the...
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The US economy doesn't need stimulus to stay 'afloat', Morgan Stanley says, adding there is 'no risk of a double dip recession' in the next month if talks fail

The US economy doesn't need stimulus to stay 'afloat', Morgan Stanley says, adding there is 'no risk of a double dip recession' in the next month if talks fail

18 days ago   |   By Business Insider

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The US economy doesn't need stimulus in the next 30 days, Morgan Stanley's top equity strategist told CNBC's "Closing Bell" on Tuesday.
"I don't think we need stimulus in the next 30 days for the economy to stay afloat. There is no risk of a double dip recession in the next 30 days if we don't get the stimulus done," Mike Wilson said.
He thinks the S&P 500 will fall to 3,100 in the "worst case", if a stimulus deal has not been met.
US president Donald Trump signaled an end to stimulus talks on Tuesday, but made an apparent U-turn hours later and tweeted urging...
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Pelosi says she would seek another term as House Speaker if Democrats keep...

Pelosi says she would seek another term as House Speaker if Democrats keep majority after election

Summary List Placement Speaker of the House Nancy Pelosi said she would seek another term as House Speaker if Democrats keep the majority in the House of Representatives in an... Read more ...

Dr. Fauci contradicted Trump's repeated claims that the US is 'rounding the...

Dr. Fauci contradicted Trump's repeated claims that the US is 'rounding the corner' on COVID-19. It's 'actually going in the wrong direction'

Summary List Placement Top US infectious-disease expert Dr. Anthony Fauci contradicted President Trump's repeated claims that the country is "rounding the corner" in the... Read more ...

Teen Kroger employee offers his own money to help man pay for groceries

Teen Kroger employee offers his own money to help man pay for groceries

Teo Jordan says he tries to treat people the way he wants to be treated. He put his money where is mouth is. Read more ...

President Trump says he casted a 'very secure vote' for himself after he...

President Trump says he casted a 'very secure vote' for himself after he voting in-person in Florida

Summary List Placement President Donald Trump on Saturday morning cast his early, in-person ballot in West Palm Beach, Florida, his first time voting in-person in the Sunshine... Read more ...

A US Navy training aircraft crashed into an Alabama neighborhood, killing...

A US Navy training aircraft crashed into an Alabama neighborhood, killing both crew members on board

Summary List Placement A US Navy training plane crashed in a residential neighborhood in Alabama on Friday afternoon, killing both crew members on board. The crash of the T-6B... Read more ...

Trump targets Kamala Harris in sexist rant against the Democratic...

Trump targets Kamala Harris in sexist rant against the Democratic vice-presidential nominee

Summary List Placement President Donald Trump targeted Democratic vice presidential nominee Kamala Harris in a sexist rant during a campaign rally in Florida on Friday. Trump... Read more ...

Trump, Mnuchin say ball is in Pelosi's court in COVID-19 stimulus negotiations

Trump, Mnuchin say ball is in Pelosi's court in COVID-19 stimulus negotiations

WASHINGTON - President Trump and Treasury Secretary Steven Mnuchin on Friday accused House Speaker Nancy Pelosi of hijacking COVID-19 economic relief by spurning their offers... Read more ...

Problems with his health? McConnell says 'of course not'

Problems with his health? McConnell says 'of course not'

McConnell has been conducting his regular business in the Senate this week. Read more ...

How to redeem codes for games purchased in the Epic Games Store, using the...

How to redeem codes for games purchased in the Epic Games Store, using the Epic Games Launcher or website

Summary List Placement Epic Games is the company behind the world-popular "Fortnite," but it also has its own store with hundreds of games for sale. Games purchased from the... Read more ...

Delta has added 460 people to its no-fly list since April for refusing wear...

Delta has added 460 people to its no-fly list since April for refusing wear masks

Summary List Placement Delta has banned a total of 460 people to its no-fly list for refusing to wear masks. Delta CEO Ed Bastian said in an email to employees that the company... Read more ...