and record dollar index its highest level in two decades while scoring Sterling pound Its lowest level ever once morest the dollar.
Extreme currency volatility is another pressure on the global economy and corporate profits, which are expected to decline as the impact begins raise interest rates During the summer to spend.
Morgan Stanley analysts, including Michael Wilson, wrote, "Stock lows and peak yields are likely to be determined by the trajectory of earnings growth and the economy, not inflation" Or the Federal Reserve (the US central bank) raises interest rates.
Foundation . added Morgan Stanley Pressures from a stronger dollar will help push the S&P 500 index to a new low between 3,000 and 3,400 points by early 2023.
The index fell 1 percent, near its lowest level this year.
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and record dollar index its highest level in two decades while scoring Sterling pound Its lowest level ever once morest the dollar.
Extreme currency volatility is another pressure on the global economy and corporate profits, which are expected to decline as the impact begins raise interest rates During the summer to spend.
“Low equity levels and peak yields will likely be determined by the trajectory of earnings growth and the economy, not inflation” or an interest rate hike by the Federal Reserve, wrote Morgan Stanley analysts, including Michael Wilson.
Foundation . added Morgan Stanley Pressures from a stronger dollar will help push the S&P 500 index to a new low between 3,000 and 3,400 points by early 2023.
The index fell 1 percent, near its lowest level this year.
