Shock Economic Slowdown: 3 Stocks to Sell NOW as Residual Seasonality Upends Forecasts
Simon Property(SPG) InvestorPlace·2024-05-14 02:56
Morgan Stanley (NYSE:MS) strategists are urging investors to snap up U.S. government bonds, even if the economy doesn’t slow down. They believe bond yields could fall dramatically driven by “residual seasonality,” a statistical quirk that can sway economic data even after seasonal adjustments. This could lead to predicting a more rapid decline in inflation than the market is currently pricing in, and three stocks to sell in light of MS’s prediction.As bond yields fall, bond prices rise. However, the cooling ...