ECONOMIC DOWNTURN IS COMING, WARNS WALL STREET
Morgan Stanley, HSBC and Citigroup have predicted that the market boom is coming to an end. This is according to analysts at the huge above great companies working on the Wall Street.
This is the time to leave the market according to these analysts. The market is very sensitive to events such as racial violence in Virginia and Donald Trump’s political position with North Korea.
According to Steven Major of HSBC, credit markets are overheated. He further advised clients to reduce on holdings of corporate bonds (European).
Read More:
