Morgan Stanley strategist: US stocks are highly likely to pull back 10%
2024-07-08 16:17:26
Mike Wilson, strategist at Morgan Stanley, said traders should brace for a pullback in US equities as uncertainty mounts over the US Presidential Election, corporate earnings and Federal Reserve policy. "I think a 10 per cent pullback is highly likely between now and the US election," Mr. Wilson said in an interview on Monday. "The third quarter will be volatile.
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