Bond markets would likely benefit if U.S. President Joe Biden is re-elected as his administration will try to raise taxes to offset some of the government...
- Bond markets would likely benefit if U.S. President Joe Biden is re-elected as his administration will try to raise taxes to offset some of the government spending, Morgan Stanley 's chief investment officer said on Wednesday.
Companies and analysts revise earnings to include new information about their performance or to account for changes in the economy. While U.S. first-quarter earnings growth remains stronger than expected, executives at companies with smaller market capitalization have hinted at softer consumer demand and muted loan growth."We ought to own stocks with positive earnings revision in the economic and political backdrop we have, and that lends itself to large-cap quality stocks," Wilson said.Of the 496 companies in the S&P 500 that reported earnings till June 7, 78.
Wilson expects the energy and financials sectors along with small-caps to gain if Trump gets into office, and large cap growth companies benefiting from a possible Biden victory.Another Tesla shareholder came out against Elon Musk's multibillion-dollar pay package, saying the billionaire should 'focus on going to Mars'
Donald Trump never paid $380,000 a British court said he owed over the 'golden showers' dossier, former spy says It turns out these judges - all appointed by Republican former President Donald Trump - got the history wrong, the U.S. Supreme Court decided on May 16 in a 7-2 decision authored by conservative Justice Clarence Thomas, saving the Consumer Financial Protection Bureau from an existential threat. It was one of several far-reaching decisions by the 5th U.S.
Joe Biden Earnings Growth Michael Wilson Donald Trump Reported Earnings
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Hudson Bay, Morgan Stanley took positions in Trump social media firm in Q1Hudson Bay Capital Management, Geode Capital Management and Morgan Stanley were among the large institutional investors that took positions in Donald Trump's...
Read more »
Stanley Cup Playoffs Day 43: Panthers eliminate Rangers, clinch Stanley Cup Final berthThe Panthers are heading back to the Stanley Cup Final for the second year in a row.
Read more »
Funds Linked to Morgan Stanley, Blue Owl Join Bond Sales BlitzBusiness development companies, which invest in small and mid-sized firms typically too small or risky for banks to lend to, are getting in on a borrowing spree in the booming US investment-grade market.
Read more »
Both Biden And Trump Want Tariffs on Chinese Imports — But Biden's Are More FocusedJonathan Nicholson covers Capitol Hill and campaigns for HuffPost. His Twitter is JNicholsonInDC.
Read more »
Morgan Stanley to Buy Property Debt From Blackstone Venture, Sources SayMorgan Stanley struck a deal to buy roughly $700 million of property loans made by the failed Signature Bank from a group including Blackstone Inc., Canada Pension Plan Investment Board and Rialto Capital, according to people familiar with the matter.
Read more »
Morgan Stanley to buy $700 million property loans tied to failed Signature Bank, Bloomberg News reportsExplore stories from Atlantic Canada.
Read more »