Morgan Stanley not sounding downbeat for S&P 500 in 2025
Morgan Stanley Investment Management on US equities, speaking with Dow Jones / Market Watch"We've had a heck of a good run," rally "probably continues once we get through the election" "but I'm not sure next year will be quite as good a year"rally pause on the 10-year Treasury rate's move higherbut encouraged by companies' earnings results so far in Q3 reporting seasonbackdrop is of a strong economy still favoring cyclical, eg financials, industrialsnot selling tech stocks This article was written by Eamonn Sheridan at www.forexlive.com.
Morgan Stanley Investment Management on US equities, speaking with Dow Jones / Market Watch
- "We've had a heck of a good run,"
- rally "probably continues once we get through the election"
- "but I'm not sure next year will be quite as good a year"
- rally pause on the 10-year Treasury rate's move higher
- but encouraged by companies' earnings results so far in Q3 reporting season
- backdrop is of a strong economy
- still favoring cyclical, eg financials, industrials
- not selling tech stocks