Morgan Stanley Signals S&P 500 Nears End of Rolling Correction
TL;DR
Morgan Stanley’s Michael Wilson argues the S&P 500 is nearing the end of its rolling correction, with earnings growth set to reaccelerate and market breadth improving. However, the pace of oil and dollar moves could keep volatility elevated in the near term and influence how quickly the market flexes out of the correction, potentially creating opportunities in cyclical names.
Topics:businessstock-markets#earnings-growth#market-breadth#morgan-stanley#rolling-correction#sp-500#stock-markets
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