Reported 23 days ago
Morgan Stanley forecasts a positive scenario for the stock market ahead of this week's Federal Reserve interest rate decision, suggesting a potential 50-basis-point cut without causing growth concerns. The firm advises investors to focus on defensive and high-quality stocks as these sectors typically perform better in such economic contexts, especially given rising fears over economic slowdown. The overall market is watching closely as analysts debate the implications of the Fed's moves.
Source: YAHOO