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0 0.000198886237072355 0.000298329355608603 0.000994431185361916 0.000696101829753313 -0.000974542561654723 -0.000745823389021508 -0.00134248210023871
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Morgan Stanley's Wilson Says a 10% Stock Market Correction Is ‘Highly Likely' [BNN Bloomberg (Canada)]

Morgan Stanley (MS) 
Last morgan stanley earnings: 4/16 07:15 am Check Earnings Report
US:NYSE Investor Relations: morganstanley.com/about-us-ir
Company Research Source: BNN Bloomberg
“I think the chance of a 10% correction is highly likely sometime between now and the election,” Wilson said in an interview with Bloomberg Television Monday. The third quarter is “going to be choppy.” Read: Morgan Stanley's Wilson Capitulates on Bearish Stocks View (1) The S&P 500 Index opened the week at all-time highs and will hit its 35th closing record this year if it closes Monday in the green. Expectations that the Fed will cut rates twice this year and excitement around artificial intelligence have propelled the benchmark to a 17% gain this year after its 24% surge in 2023. Indeed, even a long-time bear like Wilson has tempered his tone from the past few years. But a rising number of Wall Street pros have begun to grow cautious heading into the third quarter, a seasonally turbulent period, particularly amid signs the rally is overhearing. Goldman Sachs Group Inc.'s Scott Rubner said Monday that he's modeling a painful two-week stretch starting in August if corporate e Show less Read more
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