Both Morgan Stanley’s Michael J Wilson and Goldman’s David J Kostin expect corporate profit margins to contract next year given unrelenting cost pressures, they wrote in separate notes. According to Wilson, “the best part of the rally is over.”
Bitcoin holds above $102,000 as traders await fresh cues amid cooling inflation
Bitcoin experienced a slight dip, trading around $102,263, while Ethereum fell to $2,569, impacting the broader crypto market. The earlier rally, fueled by cooling inflation