Reported 2 days ago
Morgan Stanley strategists, led by Michael Wilson, suggest that a weaker dollar could enhance the earnings outlook for US stocks, possibly reversing the trend of global capital rotation observed this year. With the S&P 500 facing a correction and US stock holdings significantly reduced, there are indications that capital may return to the US market as high-quality stocks regain strength and performance improves. Wilson's team sees the potential for a rebound in the S&P 500 amid positive seasonal trends and investor flows.
Source: YAHOO