Aug
27
Wall Street Banks Are Sending Warning Signals
ByFive big ideas that made the week interesting, and the stories behind them.
1) We Could Be Close to a Downturn
The rally looks like it’s about to peter out, say analysts at banks like HSBC Holdings Plc, Citigroup Inc., and Morgan Stanley. They’re looking at the relationships between stocks, bonds, and commodities—and they’re worried people may be ignoring fundamentals. “Just like they did in the run-up to the 2007 crisis, investors are pricing assets based on the risks specific to an individual security and industry, and shrugging off broader drivers,” Bloomberg’s Sid Verma and Cecile Gutscher report…
