Morgan Stanley’s Wilson says the stock correction is in its final innings
The bank’s chief US equity strategist sees the S&P 500 reaching 8,300 by May 2027 and expects high-quality companies to hold up best.
Analysts & Strategists
Dimon calls the US economy booming and names five risks under the surface
JPMorgan’s chief executive paired an upbeat read on growth with warnings about war, inflation, government deficits and competing demands for capital.
Goldman Sachs tells clients to buy 23 lagging stocks as the tech trade wobbles
The bank’s US equity strategists are pointing clients towards sectors left behind by the AI rally while keeping their year-end index target in place.
Wall Street strategists trim equity targets after the worst week since June
Morgan Stanley says the index is masking a broader pullback while Yardeni cuts its year-end S&P 500 target.
Goldman Sachs tells clients oil returns to $80 a barrel by 2027 as Brent settles near $110
The bank’s head of oil research said Middle East supply recovers and prices ease, on a day December Brent settled at $109.86.
A Chinese memory advance drops the Kospi 5.46% and extends the chip selloff
Progress on a denser DRAM design at China’s CXMT sent Samsung, SK Hynix and SoftBank lower and pushed global equities down for a second session.
Big banks open earnings season with mixed results and a rare JPMorgan miss
JPMorgan earned $15.3 billion in the third quarter and still fell short of expectations, while Wells Fargo and Goldman Sachs beat.
Crude reverses to an October high and Goldman lifts its December target to $90
Doubts about the announced energy ceasefire and a fresh attack on a Saudi airport turned last week’s slide around.
Investors face US inflation data and the start of earnings season this week
The week’s calendar puts US, eurozone and Chinese inflation alongside the first bank results and the IMF meetings in Bangkok.
Taleb calls the stock market a trap and points at vulnerable bonds
The Black Swan author says a pullback in Treasury demand could open a fault line across markets.
Morgan Stanley says half the US market is already in a bear market
Index levels remain near records while, by Morgan Stanley’s count, roughly half of listed US stocks have fallen into bear-market territory.
Morgan Stanley and Gundlach Warn the Index Is Masking a Weak Market
More than half of US stocks have fallen 20 per cent or more since June even as the headline index holds up, strategists said this week.
Bridgewater’s chief executive warns AI could dislocate 18% of US jobs
Nir Bar Dea put a number on the hedge fund’s view of AI’s labour risk while the firm runs a $2 billion AI fund.
Goldman says AI drove S&P 500 profits 51% higher but the tailwind is fading
The bank attributes almost half of this year’s index earnings growth to AI-related investment, and expects depreciation to offset nearly all of those gains by 2028.
Goldman tells clients the profit boom is a cyclical peak, not a bubble
The bank’s chief US equity strategist expects earnings growth to decelerate rather than collapse as the AI capex tailwind fades.
BIS Warns the AI-Driven Equity Rally Is Showing Signs of Vulnerability
The central banks’ own institution says investors are growing cautious about a rally now resting on rising debt and leveraged non-bank money.
AI-linked shares fall worldwide after the labs call for a slowdown
The sector carrying index earnings growth sold off on Monday as investors tried to price a deceleration the industry asked for itself.
Goldman lifts its oil forecasts as Middle East shipping risk persists into 2027
The bank’s commodities team raised its outlook on the view that markets are pricing a prolonged conflict, even as the International Energy Agency points to demand destruction.
Morgan Stanley’s Wilson names oil as the trigger for an equity correction
The strategist put a level on it: crude above 120 dollars would drain liquidity, in a week when stocks rose on the prospect of a Federal Reserve rate rise.
Brent Holds Above $100 and Goldman Calls $120 Plausible
A second day of triple-digit crude pushed inflation expectations and borrowing costs higher across the world.
Brent Crosses $100 and Equities Slide for a Third Day
Crude broke into triple digits for the first time since July, and Wall Street strategists split over whether it changes the equity story.
Goldman puts $120 oil back on the table if Hormuz shipping attacks widen
The bank lifted its Brent forecast and set out a separate scenario in which broader tanker attacks carry crude far above current levels.
Goldman Reverses Its Oil Call and Puts $120 Brent Back in View
Goldman Sachs raised its Brent and WTI forecasts and said prices could reach $120 a barrel if attacks on Middle East shipping widen.