Reported 2 months ago
Major Wall Street strategists are warning investors about the increasing risks of an economic slowdown that could impact the stock market. Morgan Stanley's Michael Wilson highlighted a weakening consumer environment and unfavorable risk-reward for equities, while JPMorgan's Mislav Matejka pointed to disappointing business activity and earnings outlook. Despite these bearish sentiments, there is speculation from some traders that the tech sector selloff may be nearing an end, suggesting a possible dip-buying opportunity.
Source: YAHOO