Reported about 10 hours ago
Top strategists from Morgan Stanley and JPMorgan believe that the current retreat from US equities will not last, driven by positive economic growth and corporate earnings prospects. Despite concerns over political uncertainty and high valuations affecting the performance of the S&P 500 in 2025, they expect capital to return to US stocks, particularly pointing to the quality and growth potential of the index. While skepticism surrounds the tech sector's performance, they argue that US earnings growth must significantly lag behind international markets to warrant a more permanent bearish outlook.
Source: YAHOO