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Morgan Stanley Expects Tough December For Stocks

Morgan Stanley's Michael Wilson has suggested that December could be a difficult month for US stocks, thereby bringing an end to a powerful November rally. The benchmark S&P 500 index gained almost 9% last month, marking one of its strongest November rallies in a...

Morgan Stanley and Goldman Sachs at Odds Over Market Outlook

Morgan Stanley and Goldman Sachs, two of Wall Street's largest investment firms, have expressed conflicting outlooks on the New York stock market following a three-week slump. Experts are still at odds with one another over Michael Wilson of Morgan Stanley exhibited a cautious approach,...

Morgan Stanley Strategist Expects 20% Drop for US Stocks Later This Year

The US stocks have been on the road to recovery in 2023, with S&P 500 experiencing an 8.20% jump year-to-date and closing the week at 4,137.64 points. However, the good times will soon end, according to Morgan Stanley’s chief US equity strategist Mike Wilson. Speaking...