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Morgan Stanley forecasts S&P500 as low as 3300 by year-end 2023

Morgan Stanley US chief equity strategist Mike Wilson spoke on Bloomberg TV.He outlined his:base-case scenario for the S&P 500 to end the year at 3,900 bull case is 4,200 bear case is 3,600 On the way he expects a low of 3,000 to 3,300 for the cycle. Citing: The earnings situation is way worse than what the consensus thinks The banking stress only makes us even more confident of that---Wilson has been a persistent bear. This article was written by Eamonn Sheridan at www.forexl... Read More

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Morgan

Stanley

Forecasts

P500

3300

Year

End

2023

S p500

Year end

Forex

Posted: Apr 13 2023, 22:08

Author Name: forexlive

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