According to Morgan Stanley, U.S. markets may begin to question the strength of the economy.
According to Morgan Stanley strategists led by Michael Wilson, one explanation is that a “sell-the-news” mentality has taken hold in the wake of second-quarter earnings, potentially dampening price growth. It is “very challenging for us to be bullish on the (S&P 500) index.” Investors have been alarmed by a recent rise in bond yields, which … Read more