JPMorgan data on January 6th news, Morgan Stanley strategist said that with the surge in US bond yields and the rise in the US dollar, the US stock market may face a severe test in the next six months. Strategist Michael Wilson warned in the report that as the 10-year US bond yield climbed above 4.5%, the correlation between the S&P 500 index and bond yields has become a "decisive negative correlation." The 30-year yield hit its highest level since the end of 2023 on Monday. Wilson said that the US dollar is currently approaching a level that could put pressure on companies with large international exposure, and given the poor market breadth, this could cause more widespread damage to the stock market in the first half of this year. Wilson, once one of the biggest bears on Wall Street, didn't turn bullish until mid-2024. While he expects the S&P 500 to rebound this year, he warns that the rally isn't broad enough.
View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
1 Likes
Reward
1
2
Share
Comment
0/400
2388U
· 01-06 15:57
Saldırıya uğramak 100x madeni para 📈
Reply0
GateUser-0c7c782f
· 01-06 14:45
Tarihteki en düşük fiyat olan 5.5 GT için yarı fiyatına abonelik, sınırlı süreli bir tekliftir.
Deutsche Bank Stratejisti: ABD hisse senetleri gelecek altı ay içinde sınavla karşılaşabilir
JPMorgan data on January 6th news, Morgan Stanley strategist said that with the surge in US bond yields and the rise in the US dollar, the US stock market may face a severe test in the next six months. Strategist Michael Wilson warned in the report that as the 10-year US bond yield climbed above 4.5%, the correlation between the S&P 500 index and bond yields has become a "decisive negative correlation." The 30-year yield hit its highest level since the end of 2023 on Monday. Wilson said that the US dollar is currently approaching a level that could put pressure on companies with large international exposure, and given the poor market breadth, this could cause more widespread damage to the stock market in the first half of this year. Wilson, once one of the biggest bears on Wall Street, didn't turn bullish until mid-2024. While he expects the S&P 500 to rebound this year, he warns that the rally isn't broad enough.