Morgan Stanley Warns Weak Labor Market Could Force Additional Fed Rate Cuts, Spark New Stock Market Bubble - The Daily Hodl
Morgan Stanley's chief investment officer says weak job data may force the Federal Reserve into a more aggressive rate-cutting phase, boosting the stock market once again. In a new interview on CNBC, Mike Wilson says once the Fed looks into the revisions of the previous months' employment numbers, the central bank will lower rates despite [...]