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Sell any rally in the stock market as fallout from Silicon Valley Bank's failure isn't over after government intervention, Morgan Stanley's chief stock strategist says


BommaliNinnodhala

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The US government's work to prevent widespread bank runs after Silicon Valley Bank's implosion may soothe the stock market, but Morgan Stanley suggests investors should sell bounces for the time being. 

Depositors at Silicon Valley Bank will be fully protected from losses after regulators shut down the lender late last week, with those assurances coming from the Treasury Department, the Federal Reserve, and the Federal Deposit Insurance Corporation. 

But that doesn't erase the downward pressure that will bear upon earnings at banks and the overall US economy, which is already slowing down, Morgan Stanley said in its strategy note released Monday. 

"We suggest selling any bounces on a government intervention to quell the immediate liquidity crisis at SVB and other institutions until we make new bear market lows, at a minimum," Mike Wilson, Morgan Stanley's chief investment officer, wrote.

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1 hour ago, BommaliNinnodhala said:

The US government's work to prevent widespread bank runs after Silicon Valley Bank's implosion may soothe the stock market, but Morgan Stanley suggests investors should sell bounces for the time being. 

Depositors at Silicon Valley Bank will be fully protected from losses after regulators shut down the lender late last week, with those assurances coming from the Treasury Department, the Federal Reserve, and the Federal Deposit Insurance Corporation. 

But that doesn't erase the downward pressure that will bear upon earnings at banks and the overall US economy, which is already slowing down, Morgan Stanley said in its strategy note released Monday. 

"We suggest selling any bounces on a government intervention to quell the immediate liquidity crisis at SVB and other institutions until we make new bear market lows, at a minimum," Mike Wilson, Morgan Stanley's chief investment officer, wrote.

Love da gallu early last week Market bullish annaru. Don’t trust MS or any other analyst. Do your own research 

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1 hour ago, BommaliNinnodhala said:

The US government's work to prevent widespread bank runs after Silicon Valley Bank's implosion may soothe the stock market, but Morgan Stanley suggests investors should sell bounces for the time being. 

Depositors at Silicon Valley Bank will be fully protected from losses after regulators shut down the lender late last week, with those assurances coming from the Treasury Department, the Federal Reserve, and the Federal Deposit Insurance Corporation. 

But that doesn't erase the downward pressure that will bear upon earnings at banks and the overall US economy, which is already slowing down, Morgan Stanley said in its strategy note released Monday. 

"We suggest selling any bounces on a government intervention to quell the immediate liquidity crisis at SVB and other institutions until we make new bear market lows, at a minimum," Mike Wilson, Morgan Stanley's chief investment officer, wrote.

Silicon Valley Bank has been shut down by regulators, but depositors will be fully protected from losses. However, Morgan Stanley suggests selling bounces for the time being, as the US economy is already slowing down and there will be downward pressure on earnings at banks. The chief investment officer recommends waiting until new bear market lows are made before buying.

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1 hour ago, Funkops said:

Love da gallu early last week Market bullish annaru. Don’t trust MS or any other analyst. Do your own research 

Dobt trust anyone , also don't do research,  bcos you don't know shiiiit

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