This latest rally is full of 'wishful thinking' and stocks have further to fall as the Fed fights inflation, Morgan Stanley says

The stock market is looking resilient, but the CIO of the bank's wealth management division expects the Federal Reserve to keep hiking rates.
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This latest rally is full of 'wishful thinking' and stocks have further to fall as the Fed fights inflation, Morgan Stanley says

This latest rally is full of 'wishful thinking' and stocks have further to fall as the Fed fights inflation, Morgan Stanley says

The stock market is looking resilient, but the CIO of the bank's wealth management division expects the Federal Reserve to keep hiking rates.

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'A perfect storm is brewing': A senior economist says home prices are primed for a 2008-style crash as housing construction booms and demand gets crushed by rising mortgage rates
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'A perfect storm is brewing': A senior economist says home prices are primed for a 2008-style crash as housing construction booms and demand gets crushed by rising mortgage rates

"We're going to see something very similar to what we saw during the Great Financial Crisis," said José Torres of Interactive Brokers.

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Elon Musk was said to have dropped to one knee and begged for forgiveness for an affair with Google cofounder Sergey Brin's wife

Elon Musk was said to have dropped to one knee and begged for forgiveness for an affair with Google cofounder Sergey Brin's wife

Sources told The Wall Street Journal that Brin acknowledged the apology but wasn't "regularly" speaking with Musk.

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Here are the 37 tech companies most likely to be acquired by private-equity firms after valuations plunged, according to bankers and private data
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Here are the 37 tech companies most likely to be acquired by private-equity firms after valuations plunged, according to bankers and private data

Which tech companies are private-equity firms eyeing as stock prices have fallen? Cyndx provided Insider with data on the most likely targets.

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Cruise passenger embarrassed over wearing sweatpants for 15-day 'trip of a lifetime' after Air Canada failed to deliver her delayed baggage, report says

Cruise passenger embarrassed over wearing sweatpants for 15-day 'trip of a lifetime' after Air Canada failed to deliver her delayed baggage, report says

The airline vowed to deliver the bags to one of the ship's planned port stops, but they were instead sent to the couple's home in Ottawa, per the WSJ.

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Amazon aggregator Boosted Commerce lays off around 5% of its staff after raising $380 million as volatility among rollup companies continues
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Amazon aggregator Boosted Commerce lays off around 5% of its staff after raising $380 million as volatility among rollup companies continues

The amazon aggregator Boosted Commerce has laid off about 5% of its staff, another sign that the aggregator sector is becoming increasingly grim.

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Elon Musk reportedly had an affair with the wife of Google co-founder and longtime friend Sergey Brin, prompting his divorce earlier this year

Elon Musk reportedly had an affair with the wife of Google co-founder and longtime friend Sergey Brin, prompting his divorce earlier this year

The affair allegedly prompted Brin's divorce from Nicole Shanahan in January of this year, the Wall Street Journal reported.

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Morgan Stanley: Buy these 48 inflation-fighting stocks as the Federal Reserve continues to raise interest rates to deal with surging prices everywhere
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Morgan Stanley: Buy these 48 inflation-fighting stocks as the Federal Reserve continues to raise interest rates to deal with surging prices everywhere

Four-decade-high inflation has hurt stocks and the economy. Morgan Stanley shared a list of 48 inflation-fighting stocks with bright futures.

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'Back the truck up' and buy stocks: Chief strategist at an $8 trillion brokerage lays out why investors should make their move now and reveals the type of companies she likes most.
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'Back the truck up' and buy stocks: Chief strategist at an $8 trillion brokerage lays out why investors should make their move now and reveals the type of companies she likes most.

Charles Schwab's chief strategist says the bear market is offering investors a great opportunity to scoop up high-quality stocks on the cheap.

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Macro and CTA hedge funds are soaring while tech-heavy funds tank. Here are the biggest winners and losers.
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Macro and CTA hedge funds are soaring while tech-heavy funds tank. Here are the biggest winners and losers.

Institutional investors pulled out a whopping $27.5 billion from hedge funds in recent months because of high inflation and fears of a recession.

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