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Market Bulls From Morgan Stanley to Eaton Vance Find Their Voice [Yahoo! Finance News]

Morgan Stanley (MS) 
Last morgan stanley earnings: 4/16 07:15 am Check Earnings Report
US:NYSE Investor Relations: morganstanley.com/about-us-ir
) --Few predict anything less than turbulence for global markets in the coming week. But those who think the worst has passed are finding their voice.Commentators from Morgan Stanley to Eaton Vance are turning less gloomy. They’re encouraged by a combination of unprecedented government and central bank stimulus efforts, declining volatility and -- crucially -- signs that the coronavirus pandemic is peaking in parts of Europe.“There is light at the end of the tunnel but it’s still a long tunnel,” Erik Nielsen, UniCredit SpA’s London-based chief economist, wrote in a note Sunday.None of which means markets will gain much traction on Monday. The Index dropped 1.5% Friday, which is likely to put Asian markets on the back foot as the new week gets underway, while the dollar rose and U.S. 10-year Treasury yields slipped back below 0.6%. That came after data showed a plunge in U.S. hiring last month, underscoring the economic damage inflicted by the virus lockdowns. Middle East markets were Show less Read more
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