Daiwa: ABD hisse senedi değerlemesi henüz Fed'in veya durumun riskinin gerisinde olabilir.

Gold ten data August 12 news, Morgan Stanley strategists said that although the bond market has begun to digest the expectation that the Fed is ‘falling behind the situation’, this risk is not reflected in the current stock market P/E ratio. The team led by Michael Wilson stated that investors are most concerned about the issue of economic growth, not inflation and interest rates. ‘The market is looking forward to better economic growth or more policy support to once again boost optimism. In the short term, we don’t see any conclusive evidence in any direction, which will temporarily keep the stock index in a narrow range of fluctuations,’ they wrote in a report. They expect the S&P 500 index to fluctuate between 5000 and 5400 points. They also believe that the magnitude of profit revisions will vary with the seasons, which is one of the reasons why the third quarter is usually the most challenging for the stock market.