Investors hoping that tax cuts and aggressive government spending plans will add another leg to the bull market likely are going to be disappointed, Morgan Stanley argues in an analysis that contends the end of big returns is near.
CIA Director Mike Pompeo traveled to North Korea a few weeks ago to meet Kim Jong Un to prepare for a possible summit with President Donald Trump, according to two people familiar with the matter, raising optimism the meeting could produce a deal.
Citigroup’s Alastair Syme and team argue that the earnings from big oil companies like Chevron (CVX), Total (TOT) and Royal Dutch Shell (RDS.A) will be bad…real bad. But that won’t stop the stocks from outperforming. They explain why:
Negative headlines, positive performance: We expect the majority of Big Oil companies to post negative 1Q16 earnings,....More>>>
Remember when Morgan Stanley’s Adam Jonas downgraded Tesla Motors (TSLA)? That was back in June, when Tesla had made its offer to buy Solar City, and while other analysts were also downgrading the stock, Jonas’ decision to lower Tesla to Equal Weight from Overweight seemed significant because he’d been so bullish on its shares.