Morgan Stanley analysts expect the S&P 500 index to drop by 10% and urge to buy on the dip in anticipation of a bull market
Morgan Stanley's Chief U.S. Equity Strategist Mike Wilson stated on Thursday that the U.S. stock market is currently in the early stages of a new bull market. However, he warned that President Trump's trade policies are beginning to reflect in corporate earnings, and he expects the S&P 500 index to potentially decline by 5% to 10% in the short term.
He noted that the new bull market may not be easy to enter, with changes occurring much faster than expected. The pullback in the U.S. stock market will be brief and limited, emphasizing that if an adjustment occurs, it will definitely be worth buying in
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