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Morgan Stanley's Wilson "remains comfortable" with year-end 3900 S&P500 target
Via a note on Monday from Morgan Stanley strategsit Mike Wilson:is expecting to see further choppy performance from equities through to the end of the yearstocks could move lower this week, but while the pullback could be followed by a boun ce he sees the index lower into year end“Based on our views on earnings, valuations and policy (both monetary and fiscal), we believe the S&P 500 will have a hard time getting back above what were previously levels of support (i.e., 4300-4400) tactically” “...
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Posted: Oct 24 2023, 03:16
Author Name: forexlive
Views: 112228