The New York Entrepreneur

Wall Street’s most cautious voice says defensive stocks are now too rich. What alternatives are left?

Read Time:11 Second

Morgan Stanley’s Mike Wilson has been one of the most cautious voices on Wall Street, but even caution can become too expensive. He says the firm is now neutral on defensives vs. cyclical stocks because of valuation.

About Post Author

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %

Average Rating

5 Star
0%
4 Star
0%
3 Star
0%
2 Star
0%
1 Star
0%

Leave a Reply

Your email address will not be published. Required fields are marked *

Previous post UniCredit reaches deal to boost Commerzbank stake
Next post Oil prices tick higher after scoring weekly gains on Fed rate cut