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WALL STREET INSIGHT

Analysts expect bull run to continue this week

Fed's minutes indicate that a rate hike in June is likely but that a sharp increase in Treasury rates is far less likely
Monday, May 29, 2017 - 05:50

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Analysts at brokerage Morgan Stanley restated their faith in the reflation trade, recommending investors buy financials, Industrials, technology and energy sectors.

US stocks rose to new records last week and most analysts expect the run to continue if economic data this week is strong - but not too strong.

The Federal Reserve's minutes were a case of "steady as she goes", indicating that a rate hike in June is likely but that a sharp increase in

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