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Black October 2022

Byebye Penis

Alfrescian
Loyal
Fa0hCfvacAARExU
 

Byebye Penis

Alfrescian
Loyal

A surging U.S. dollar is creating an ‘untenable situation’ for the stock market, warns Morgan Stanley​

https://www.marketwatch.com/story/a...rket-warns-morgan-stanleys-wilson-11664220122

Morgan Stanley chief equity strategist Michael Wilson, one of the Wall Street’s most vocal bears who correctly predicted this year’s stock market selloff, calculated, in a Monday note, that every 1% rise in the ICE U.S. Dollar Index has a negative 0.5% impact on S&P 500 earnings. He also saw an approximate 10% headwind for earnings growth in the fourth quarter.

“The recent move in the U.S. dollar creates an untenable situation for risk assets that historically has ended in a financial or economic crisis, or both,” wrote strategists led by Wilson. “While hard to predict such events, the conditions are in place for one, which would help accelerate the end to this bear market.” (See chart below)

im-631155
 

SBFNews

Alfrescian
Loyal

A surging U.S. dollar is creating an ‘untenable situation’ for the stock market, warns Morgan Stanley​

https://www.marketwatch.com/story/a...rket-warns-morgan-stanleys-wilson-11664220122

Morgan Stanley chief equity strategist Michael Wilson, one of the Wall Street’s most vocal bears who correctly predicted this year’s stock market selloff, calculated, in a Monday note, that every 1% rise in the ICE U.S. Dollar Index has a negative 0.5% impact on S&P 500 earnings. He also saw an approximate 10% headwind for earnings growth in the fourth quarter.

“The recent move in the U.S. dollar creates an untenable situation for risk assets that historically has ended in a financial or economic crisis, or both,” wrote strategists led by Wilson. “While hard to predict such events, the conditions are in place for one, which would help accelerate the end to this bear market.” (See chart below)

im-631155
My favourite USA blackberries now cost almost 8 bucks for a small punnet. :roflmao:
 

JOKERCHEW

Alfrescian
Loyal
WTFF

No worries.
Sgp are buying pigeon holes at $1M+.

All these GCBs will be visiting Bedok Reservoir soon.
 

Byebye Penis

Alfrescian
Loyal
WTFF

No worries.
Sgp are buying pigeon holes at $1M+.

All these GCBs will be visiting Bedok Reservoir soon.
Civil service is paying well, and HDB loan is 2.6%pa.

It is more worrying for those in private sector and takes bank loan. Even rentals are increasing for all sectors.
 
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