Morgan Stanley Wealth Management CIO: U.S. stocks will maintain an upward trend in the second half of the year
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Morgan Stanley's Chief Investment Officer of Wealth Management predicts that the US stock market will continue to rise in the second half of 2024. Although the pace of growth will slow down, investors should still maintain cautious expectations. While some expect a large influx of funds into the stock market, the Chief Investment Officer believes this is just a fantasy as investors are already quite fully invested. Additionally, money market funds remain attractive, especially in the face of uncertainties in macroeconomic conditions and geopolitics
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