Get Ready for a Wild Ride: Morgan Stanley Predicts Choppy US Equity Prices in Late-Cycle Environment
Comments from Morgan Stanley Wealth Management on expectations for US stocks ahead High-quality growth stocks are the best places for investors Equity prices expected to become choppy In our view, we remain in a late-cycle environment during which markets will oscillate between accelerating and decelerating growth narratives. Asset prices are materially higher than three months…