Traders work on the floor of the New York Stock Exchange (NYSE) on August 14, 2019 in New York City. Spencer Platt | Getty Images Morgan Stanley’s Mike Wilson, one of Wall Street’s most skeptical strategists, is advising clients to dump growth stocks and buy defensive names as the “demand destructive” tariffs are fanning recession
Investing
JJFarquitectos | iStock Editorial | Getty Images The world of competitive video games is coming out of “stealth mode” in the United States, analysts at Needham say, and the firm believes investors should pay attention to how its growing popularity will drive future profits. Known commonly as esports, the category is essentially defined as people