B · Normal
[ Morgan Stanley: U.S. stocks face a short-term downside risk of 7% ] On September 21, it was reported that Morgan Stanley strategist Michael Wilson’s team said that the U.S. stock market is vulnerable to further increases in energy prices and increased volatility in the bond market. In this scenario, the S&P 500 index may fall by up to 7%. The team said S&P 500 valuations have fallen over the past four months to their lowest levels since March, although strong corporate earnings have so far helped stocks resist rising bond yields.
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