Powell: The Federal Reserve Is Open to New Ideas and Feedback on How to Improve the Capital Framework for Large Banks
According to Jinse Finance, Federal Reserve Chair Jerome Powell stated that the Federal Reserve is a dynamic institution, open to new ideas and feedback on how to improve the capital framework for large banks.
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Waiting for the final dip? Morgan Stanley: This round of correction may end with quality stocks catching up with declines
Morgan Stanley strategist Michael Wilson pointed out that the quality factor has risen by about 6% since mid-August, reaching a new 52-week high, while the equal-weighted S&P 500 index has fallen by nearly 4% over the same period. Currently, financial conditions have tightened to their highest levels since 2022, and the outperformance of large-cap stocks is masking a significant pullback in other individual stocks. He stated that medium-term corrections in the stock market often end with a catch-down in high-quality stocks.
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