What’s Going On Here? A new report from investment bank Morgan Stanley advises clients to shy away from stocks – but WeWork may have a workaround for that… What Does This Mean? Global stock markets are up 16% this year. But with economic conditions worsening worldwide, Morgan Stanley thinks that company profit forecasts look overly optimistic – and so…
Tag: Deutsche Bank
Ep 41: Deutsche Blank
What’s Going On Here? The $1 billion of profit Deutsche Bank‘s investors were expecting this year will probably be a loss instead. What Does This Mean? Deutsche Bank’s been struggling for a while: losing market share and getting embroiled in money laundering scandals. Money laundering is the process of concealing the origins of money obtained illegally by passing it through a…
with HT 