STOCK MARKET: Morgan Stanley says economy is on ‘recession watch’

  
Via:  krishna  •  3 months ago  •  33 comments

STOCK MARKET: Morgan Stanley says economy is on ‘recession watch’
Renewed trade tensions and a slump in economic data put U.S. profits and economic growth at risk, Morgan Stanley warned Tuesday.

S E E D E D   C O N T E N T


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The stock market and economic outlook in the United States are “deteriorating,” according to an analysis from one of Wall Street’s top investment banks.

Renewed trade tensions and a slump in economic data — ranging from falling durable goods and capital spending to a downshift in the services sector — has put U.S. profits and economic growth at risk, Morgan Stanley warned Tuesday.

“Recent data points suggest US earnings and economic risk is greater than most investors may think,” wrote Michael Wilson, the firm’s chief U.S. equity strategist.

Related: 3/2/2019: Trump doubles down: ‘Trade wars are good, and easy to win’ 

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Krishna
1  seeder  Krishna    3 months ago

Specifically, the stock strategist highlighted a recent survey from financial data firm IHS Markit that showed manufacturing activity fell to a nine-year low in May.

That report also revealed a “notable slowdown” in the U.S. services sector, a key area for an American economy characterized by huge job gains in health care and business services

 
 
 
Trout Giggles
1.1  Trout Giggles  replied to  Krishna @1    3 months ago
manufacturing activity fell to a nine-year low in May.

Wait! What about all those "beautiful" manufacturing jobs that trmp was going to create?

 
 
 
It Is ME
1.1.1  It Is ME  replied to  Trout Giggles @1.1    3 months ago
Wait! What about all those "beautiful" manufacturing jobs that trmp was going to create?

Depends on which "Report" you look at !

Some say it's great....other's say it's not.

It's only "The Media" though. They're all over the place, depending on who they like or dislike, and whom you choose to believe !

According to Forbes.....Manufacturing jobs were Growing at a 714% clip in January 2019.

 
 
 
The Magic Eight Ball
1.1.2  The Magic Eight Ball  replied to  It Is ME @1.1.1    3 months ago

According to Forbes.....Manufacturing jobs were Growing at a 714% clip in January 2019.

yepp... and..

 
 
 
It Is ME
1.1.3  It Is ME  replied to  The Magic Eight Ball @1.1.2    3 months ago

Ya just can't find that kinda stuff on the likes of MSNBC !

Wouldn't be "Prudent" to their agenda.

 
 
 
The Magic Eight Ball
1.1.4  The Magic Eight Ball  replied to  It Is ME @1.1.3    3 months ago
Ya just can't find that kinda stuff on the likes of MSNBC !

only the most stupid believe the likes of msnbc or cnn

 
 
 
It Is ME
1.1.5  It Is ME  replied to  The Magic Eight Ball @1.1.4    3 months ago
msnbc or cnn

jrSmiley_91_smiley_image.gif

 
 
 
Krishna
1.1.6  seeder  Krishna  replied to  It Is ME @1.1.3    3 months ago
Ya just can't find that kinda stuff on the likes of MSNBC !

Wouldn't be "Prudent" to their agenda.

Ya just can't find that kinda stuff on the likes of MSNBC !

Your comment reminds me of this bit of advice i heard on TV a while back:

make sure your mind is engaged before mouth parts start moving!

 
 
 
It Is ME
1.1.7  It Is ME  replied to  Krishna @1.1.6    3 months ago

MSNBC and the like opinionates about actual Growing Manufacturing jobs ?

Who knew !

"Mouth".....Meet "Foot" !

 
 
 
Krishna
1.1.8  seeder  Krishna  replied to  Krishna @1.1.6    3 months ago
Ya just can't find that kinda stuff on the likes of MSNBC !

Wouldn't be "Prudent" to their agenda.

Ya just can't find that kinda stuff on the likes of MSNBC !

Your comment reminds me of this bit of advice i heard on TV a while back:

make sure your mind is engaged before mouth parts start moving!

And while the actual facts apparently are of no interest to you, they might be to some-- apologies in advance for any embaressment my posting them may cause :-)

This is on the MSNBC site:

The Rachel Maddow Show / The MaddowBlog
US job growth remains strong and steady in April
05/03/19 08:40 AM Ahead of this morning’s jobs report, most projectionspointed to growth in April of roughly 190,000 jobs. Fortunately, the results were even better than that. (cont'd HERE)
Looks like the example Trump has created by his consistent lying has inspired many of his followers...eh?
 
 
 
It Is ME
1.1.9  It Is ME  replied to  Krishna @1.1.8    3 months ago

Oh.....Blogs ! You're speaking of "Blogs" ! jrSmiley_15_smiley_image.gif

I don't do Media Internet ...…. "Blogs" ! jrSmiley_22_smiley_image.gif

I want "as seen on TV" ! That way I know EVERYONE has seen it. jrSmiley_81_smiley_image.gif

 
 
 
Tessylo
1.1.10  Tessylo  replied to  It Is ME @1.1.7    3 months ago

"Mouth".....Meet "Foot" !

They seem to wind up there quite often.

 
 
 
It Is ME
1.1.11  It Is ME  replied to  Tessylo @1.1.10    3 months ago

Mirror got in the way ?

 
 
 
Krishna
2  seeder  Krishna    3 months ago

Many recent reports reflect April data, “which means it weakened before the re-escalation of trade tensions,” Wilson continued. “In addition, numerous leading companies may be starting to throw in the towel on the second half rebound--something we have been expecting but we believe many investors are not.”

 
 
 
Buzz of the Orient
3  Buzz of the Orient    3 months ago

Nothing like a good scare to start a panic.

 
 
 
Krishna
3.1  seeder  Krishna  replied to  Buzz of the Orient @3    3 months ago
Nothing like a good scare to start a panic.

And conversely-- there's nothing like a panic to give people a good scare! jrSmiley_4_smiley_image.png

 
 
 
It Is ME
3.2  It Is ME  replied to  Buzz of the Orient @3    3 months ago
Nothing like a good scare to start a panic.

Call the Democrats.....It's needed here now !

 
 
 
bbl-1
4  bbl-1    3 months ago

"Recession Watch?"

Or--------"Nothing like a good scare to start a panic?"

Honestly people.  We're about 2/12 years in------to-----the whatever it was supposed to be----that----apparently got there----by-----proving that-----"When  your a star you can do anything."

The Markets?  Yeah them.  Trade tensions.  More weapons to Yemen.  What the hell?  ----The Markets?  Yeah them?  Yeah what?

This is bs. 

Hell.  We have an administration that has blocked more subpoenas in the last six months than the Average Viral 30 something American male has experienced erections.

The Markets.  What the F.  This is bs.  Something is happening.

 
 
 
Krishna
4.1  seeder  Krishna  replied to  bbl-1 @4    3 months ago

The Markets?  Yeah them.  Trade tensions.  More weapons to Yemen.  What the hell?  ----The Markets?  Yeah them?  Yeah what?

This is bs. 

Well, yes and no. Depends upon how much of the money a person has earned that they have invested in the market. jrSmiley_9_smiley_image.gif

Hell.  We have an administration that has blocked more subpoenas in the last six months than the Average Viral 30 something American male has experienced erections.

I'm not sure how trump's blocking subpoena's relates to the topic? (the stock market)

The Markets.  What the F.  This is bs.  Something is happening.

Something is always happening! Although most people most of the time aren't aware of most of what's happening. And for those things they are aware of, more often than not they interpret them wrong. (Most are only interested in "facts" that support their pre-existing biases:

Confirmation bias:

Confirmation bias is the tendency to search for, interpret, favor, and recall information in a way that confirms one's preexisting beliefs or hypotheses.[1] It is a type of cognitive bias and a systematic error of inductive reasoning. People display this bias when they gather or remember information selectively, or when they interpret it in a biased way. The effect is stronger for desired outcomes, emotionally charged issues, and for deeply entrenched beliefs.

People also tend to interpret ambiguous evidence as supporting their existing position.

 
 
 
Krishna
4.2  seeder  Krishna  replied to  bbl-1 @4    3 months ago

The Markets.  What the F.  This is bs.  Something is happening.

Yep-- its happening. And its getting even worse. 

Have you seen what the market's been doing so far today?

(Just playing lawyer a bit here :^)

 
 
 
Split Personality
4.2.1  Split Personality  replied to  Krishna @4.2    3 months ago
Have you seen what the market's been doing so far today?

yep... it's ruining my trip,

bummer.

 
 
 
lib50
4.2.2  lib50  replied to  Split Personality @4.2.1    3 months ago

I can't handle all this 'winning'. 

 
 
 
bbl-1
4.2.3  bbl-1  replied to  Krishna @4.2    3 months ago

Look.  Something is not right. 

At any other time in our American history, be it economic or social, had a president stated that his Intelligence Services told him something--but the president pointed to a foreign leader ( Putin ) and publicly stated that he ( the president ) believed him---Uh--I don't get it.

So, the Markets are the strongest they've ever been in the history of the World? The president implies as much.  Don't care.  Something is not right.

I don't know.  This Trump thing is just------abnormal.  Something is not right.

 
 
 
It Is ME
5  It Is ME    3 months ago

I don't know about anyone else, But I'm always on a recession "Watch". jrSmiley_100_smiley_image.jpg

It's called "Saving" for that rainy day that always comes ! jrSmiley_82_smiley_image.gif

 
 
 
Ronin2
6  Ronin2    3 months ago

Ah yes the stock market. I remember the good old days when a bad day in the market was just a "dip in the road"; a "little normal correction"; "someone hit the wrong button"; or whatever term could be used to blow it off.

The market has been way over primed for a very long time. The correction will not be pretty; but is needed.

 
 
 
lib50
6.1  lib50  replied to  Ronin2 @6    3 months ago

Think it will impact the election? 

 
 
 
Split Personality
6.1.1  Split Personality  replied to  lib50 @6.1    3 months ago

Depends on the timing.

 
 
 
Ronin2
6.1.2  Ronin2  replied to  Split Personality @6.1.1    3 months ago
Depends on the timing.

I agree with that. Timing is everything. If the economy and market are still strong; then Trump stands a good chance of winning reelection no matter how much he is hated. People will vote with the wallets before anything else. If the economy tanks so does his reelection chances. But that would be true for any president no matter how well they are liked.

 
 
 
Krishna
6.1.3  seeder  Krishna  replied to  Split Personality @6.1.1    3 months ago

The negative impact on the economy is just beginning. Things could get a lot worse. So if the trade war with China isn't over by the election,there were a YUGE Democratic victory.

OTOH if it is resolved, that might result in a significant Republican win.

Its impossible to predict what will happen-- but its beginning to look like Trump underestimated the resolve of the Chinese....this thing might not be resolved as soon as trump had hoped for.

 
 
 
Freedom Warrior
7  Freedom Warrior    3 months ago

 Morgan Stanley must be working on a strategy to screw over massive numbers of investors.

 
 
 
Krishna
7.1  seeder  Krishna  replied to  Freedom Warrior @7    3 months ago

Morgan Stanley must be working on a strategy to screw over massive numbers of investors.

You might be right.

After all, when it comes to things like the economy, the Stock market, etc-- I'm sure that even their best people are not nearly as smart as you are!

 
 
 
Freedom Warrior
7.1.1  Freedom Warrior  replied to  Krishna @7.1    3 months ago

Clearly you didn't get the memo.

 
 
 
livefreeordie
8  livefreeordie    3 months ago

It seems our leftist friends long to return to the Obama era of 1.6 GDP

the worst economy post WWII

 
 
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