Latest news with #WallStreetBank
Bloomberg
30-05-2025
- Business
- Bloomberg
Morgan Stanley Sees ‘Uncomfortable' Rally in Emerging Markets
Emerging-market assets should keep rallying for the rest of the year, but gains will likely be limited by a slowing global economy and US policy uncertainty, according to Morgan Stanley. The Wall Street bank is predicting that developing currencies will modestly appreciate against the dollar by year-end while lagging some other G-10 currencies. A gauge of emerging-market currencies is up more than 5% this year, the best performance through May since 2017.
Bloomberg
12-03-2025
- Business
- Bloomberg
Tariffs Hit Wall Street S&P 500 Targets
Goldman Sachs is the first major Wall Street Bank to cut its price target for the S&P 500. The firm lowered its estimates to 6,200 from 6,500. Strategists say the revised estimates reflect reduced GDP growth forecasts, higher tariffs and more uncertainty. Bloomberg's Alex Semenova joined Bloomberg Open Interest to discuss why analysts are rethinking their forecasts. (Source: Bloomberg)
