Morgan Stanley Asks "Do Corporate Earnings Actually Matter?"Mark Melin
Morgan Stanley’s (Eccentric) Equity Strategist Adam Parker looks at the world through a traditional value investors view point and wonders how markets are determining price levels. With nearly three quarters of the market capitalization reporting second quarter earnings, he notes the positive trends but then questions a key relative value point. His conclusion is in part seen in the headline of the August 1 report titled “Do Corporate Earnings Actually Matter?” (nothing to do with the Federal Reserve). This leads Parker and his team on a circuitous . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com and we will get back to you as quick as humanly possible