- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- S&P 500 Index: Rate scare to benefit recovery stocks - Morgan Stanley
S&P 500 Index: Rate scare to benefit recovery stocks - Morgan Stanley
FXStreet reports that economists at Morgan Stanley note that with a US fiscal stimulus deal looking more likely, the risk of long-term interest rates moving higher has now increased – a shift that could benefit recovery stocks.
“The market most mispriced for the ongoing recovery we expect is the back end of the Treasury curve or long-term interest rates. This means expensive growth stocks are still vulnerable in our view. With a fiscal deal still looking likely, in our view, either before or after the election and the growth scare now somewhat priced, the risk for rates to move higher is greater. By definition, that increases the risk of a move lower in those assets most tied to long-term interest rates.”
“The rates market will quickly discount what the stock market and other asset markets have been saying all year, that the recovery is on solid footing and is likely to continue in 2021. The next round of fiscal stimulus is coming our way one way or another, and it's just a matter of size and timing. This also aligns with our recommendation to focus on the recovery stocks, even during this growth scare, as that is where the upside is greatest. A move higher in rates should only further support that view, as most recovery stocks are positively correlated to such a move, led by financials, consumer cyclicals, materials and industrials with a smaller capitalization skew.”
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.
Банковни транcфери
