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Morgan Stanley on Fed pause: "a lot of money sitting around waiting to be put to work"

Morgan Stanley on Fed pause:

ICYMI - Morgan Stanley CEO James Gorman spoke on an earnings call Tuesday.

  • “I’m highly confident that when the Fed pauses, deal activity and underwriting activity will go up. I would bet the year on that, in fact,”
  • “We’re not of the view that we’re heading into a dark period. Whatever negativity in the world is out there. That’s not our house view.”
  • said the Fed’s next move will likely be a 0.25 percentage point rate hike, followed by a pause.
  • said he is n... Read More
Posted: Jan 17 2023, 22:09
Author Name: forexlive
Views: 092198

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