The Weekly Snapshot of the Market:
Once again the war dominated the headlines, even though the economic prints were encouraging, oil prices tanked, long duration bond yields fell, and bankers made favourable stock market projections. The forecasts of 20 major investment banking houses were all positive, except one. Morgan Stanley was negative, but only slightly. They ranged from a low of 4400 to a high of 5200, averaging a return of 7.5% over the next 9 months.
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By Hubert Marleau
By Hubert Marleau