Reported 2 days ago
Morgan Stanley strategists predict that US equities will lead a global market rally in the coming months due to improved corporate earnings and a declining dollar. With an optimistic outlook on the Fed's potential interest rate cuts and reduced recession fears, they have raised their year-end S&P 500 target to 6,500 points by mid-2026. While US stocks show recent gains, other regions may lag behind, with a cautious view on emerging markets and Japan. The strategists expect Treasury yields to remain stable until late this year, anticipating more rate cuts in 2026.
Source: YAHOO