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Wall Street Gearing Up For Tech-Led Rebound Ahead Of Netflix Earnings: Economist Expects Soft Landing But Says Brace For Bigger Fed Rate Cuts If This Happens
Thursday, July 18, 2024 - 7:34am | 1315Beaten-down stocks could make a comeback on Thursday, with Taiwan Semiconductor Manufacturing Company Ltd.’s (NYSE:TSM) strong quarterly report lifting sentiment toward tech stocks. The major U.S. index futures were mixed ahead of the trading session. A few Fed speeches scheduled for the day...
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Nasdaq, S&P 500 Futures Waver As Hawkish Fed Minutes Leave Investors Data-Watching: Analyst Thinks Weak Santa Claus Rally Signals 'Potential Warning'
Thursday, January 4, 2024 - 8:21am | 1417U.S. stock futures are slightly higher on Thursday following the lackluster performance seen in recent sessions. With the Federal Reserve pouring cold water on the market’s hope for expeditious rate cuts, the mood will likely revert to data-dependency. Against the backdrop, investors could...
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US Economy Needs More Tightening For Fed To Meet Goal: Morgan Stanley
Thursday, March 9, 2023 - 4:15pm | 299Federal Reserve chair Jerome Powell’s prepared remarks for his semiannual testimony to Congress opened the door to a return of 5-basis-point hikes at the March meeting if the incoming data flow warrants it, Morgan Stanley analyst Ellen Zentner said in a note this week. Upside...
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Experts Break Down Fed Commentary, Markets Disagree With Powell
Thursday, December 20, 2018 - 11:22am | 827Investors clearly didn’t get what they wanted to hear from Federal Reserve Chairman Jerome Powell on Wednesday. The S&P 500 and the Dow Jones Industrial Average dropped to their lowest levels of 2018 after the Fed raised interest rates for the fourth time and said investors can expect two...
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The U.S. Economy Is On 'Uneasy Street'
Tuesday, September 27, 2016 - 10:13am | 345U.S. GDP growth in Q3 is on pace to come in at around +3.0 percent, suggesting that the economy is extremely strong headed into the end of the year. Unfortunately, Morgan Stanley analyst Ellen Zentner believes that 3.0 percent Q3 growth doesn’t paint an accurate picture of the economy’s...
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July Fed Meeting Forecasts From Morgan Stanley
Thursday, July 21, 2016 - 12:53pm | 339“We expect the FOMC will acknowledge increased uncertainty around the outlook and ambiguously point to an expectation that the Committee will maintain an appropriate level of policy accommodation,” stated Morgan Stanley analyst Ellen Zentner ahead of the July Federal Reserve meeting....
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Morgan Stanley Drops A Bomb, Says Fed Silence Speaks Volumes
Wednesday, January 27, 2016 - 6:57pm | 112On Wednesday evening, Morgan Stanley's Ellen Zentner wrote 'by letting market expectations ride, the Fed is effectively saying it doesn't think the market has it wrong." Zentner believes the Fed lack of clarity on a March rate hike signals the Fed avoided shutting the door on a...
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We Currently Face A 20% Chance Of Recession
Friday, January 22, 2016 - 3:23pm | 237In a new report, Morgan Stanley analyst Ellen Zentner discussed the chances that the United States is on the verge of a recession. According to Zentner, market fears that a recession is imminent might be overblown. “We first introduced a 2016 recession scenario in our Bear case in September...
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Morgan Stanley's Take On The Fed Decision
Tuesday, December 15, 2015 - 12:33pm | 463Morgan Stanley anticipates a 0.25 percent Fed rate hike this week. The firm is more interested in the pace of the rate hikes over time than the date of the first move. Morgan Stanley projects that rates will reach 1.125 percent by the end of 2016. All eyes are on the FOMC this week as...
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Morgan Stanley: December Rate Hike Wouldn't Hurt Economy
Monday, November 30, 2015 - 5:21pm | 364According to Ellen Zentner of Morgan Stanley, the Fed is likely to initiate a rate hike in December with a total of four hikes through 2017. Zentner noted that her growth outlook of 1.8 percent in 2016 and 2017 remains unchanged. The analyst added that the Fed's 2.0 percent inflation...
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Are Americans On A Shopping Spree With Their Gas Savings?
Tuesday, February 17, 2015 - 12:26pm | 251Morgan Stanley analysts Ellen Zentner, Ted Weisman, and Robert Rosner issued a report on the U.S. economy as the fall in gas prices has led to increased savings which has soured sediment regarding the labor market and wages. They compare this situation to the economic theory of Ricardian...