Wall Street ends lower ahead of economic data, earnings
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'Very Strong' Dollar is Yet Another Headwind for Earnings, Warns Morgan Stanley’s Wilson
July 11, 2022 9:16 AM EDTMichael Wilson, Morgan Stanleys top U.S. equity strategist, has once again urged the banks clients to remain defensively positioned given mounting headwinds for earnings.
In addition to inflation, geopolitical conflicts, recession fears, and aggressive central bank tightening, Wilson also sees a very strong U.S. dollar as yet another headwind for... More
