Morgan Stanley: US stock market rally is expected to continue focusing on recommending high-quality large-cap stocks and defensive stocks
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Morgan Stanley stated that the upward trend in the US stock market will remain narrow. Wall Street bears predict that only shocks to the economy or bond market can drive broader trading. It is expected that the market performance will continue to be narrow unless there is a rebound in the bond market or a slowdown in economic growth. Wall Street strategists recommend investing in high-quality large-cap stocks and defensive stocks, and avoiding the temptation to chase the expansion of the uptrend. The Economic Surprises Index continues to decline, and the S&P 500 Index remains calm in the face of weaker economic data
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