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The Tell: Softer economic data may point to weaker earnings through year-end, says Morgan Stanley’s Mike Wilson
Softer U.S. economic data may point to weaker earnings over the next several months as corporates’ pricing power will erode as inflation cools, while labor costs continue to be a headwind for private sector profits, according to Morgan Stanley’s Michael Wilson. Read Full Story The post The Tell: Softer economic data may point to weaker earnings through year-end, says Morgan Stanley’s Mike Wilson appeared first on ForexTV...
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Posted: May 9 2023, 01:48
Author Name: forextv
Views: 102019