Category: Morgan

Dow Futures Rise but One Morgan Stanley Analyst Is Praying for Recession
, ,

Dow Futures Rise but One Morgan Stanley Analyst Is Praying for Recession

Dow Jones Industrial Average (DJIA) futures edged higher on Thursday, hinting at a cautiously optimistic stock market open. But not everyone is feeling the warm, fuzzy glow. Mike Wilson at Goldman Sachs said he’s “rooting for a recession” to bring some sensibility back to the market. Speaking to CNBC, Wilson said yesterday: “I’m rooting for…

Read More
Dow Futures Sink as JP Morgan Rings Stock Market Gloom Alarm
, ,

Dow Futures Sink as JP Morgan Rings Stock Market Gloom Alarm

Dow Jones Industrial Average (DJIA) futures dragged lower on Monday, extending last week’s bout of heavy selling. But investors shouldn’t expect a turnaround yet. In a note to clients, JP Morgan analyst John Normand said the downturn is only halfway through. The good news, Normand argues, is that talks of a full-blown recession might be…

Read More