Reported about 15 hours ago
Morgan Stanley's strategists, led by Michael Wilson, assert that selloffs triggered by geopolitical events are usually temporary, citing a muted market reaction to recent US strikes against Iran. Historical data shows that despite short-term volatility, the S&P 500 typically recovers within months. Factors like a weaker dollar and earnings growth are currently supporting US stock prices, though rising oil prices could pose risks. A significant oil price surge might threaten the economic outlook, potentially leading to a bear market if tensions escalate further.
Source: YAHOO