Morgan Stanley: Morgan Stanley Forecasts Stock Market Has Seen Worst of Downside Momentum - Here's the Bank's Forecast

Banking giant Morgan Stanley thinks the S&P 500 is close to carving a major market bottom after dropping below the 5,000-point level last week. In a new CNBC interview, Mike Wilson, Morgan Stanley's CIO and chief US equity strategist, says the stock market likely witnessed a capitulation event on April 7th after plunging to a [...]The post Morgan Stanley Forecasts Stock Market Has Seen Worst of Downside Momentum - Here's the Bank's Forecast appeared first on The Daily Hodl.