Morgan Stanley says US stock rally has limited upside
The relief rally in US equities has limited scope to go much further as risks to growth remain prevalent, according to Morgan Stanleyβs Michael Wilson.
The world's biggest pension fund, Japan's Government Pension Investment Fund, booked a gain on its investments totalling $339 billion or 25% in the 12 months ended March. Interestingly, the MSCI World Index rallied 52% during the fiscal year ended March.
Credit Suisse Weaker On Report It Will Cough Up More In Greensill Fiasco
By Dhirendra Tripathi β Credit Suisse (SIX: CSGN) stock (NYSE: CS) fell 0.5% during Fridayβs premarket trading on a report that the Swiss bank is paying out a further $750...