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Morgan Stanley Says Bull Market Still Strong
Description
Market nerves are rattled as the S&P 500 and Nasdaq dip, especially tech stocks, sparking fears of a crash. But Morgan Stanley’s Michael Wilson says don’t panic — this is a normal earnings-driven market correction, not the end. He’s confident earnings will keep rising, and if Middle East tensions ease, Fed rate hikes could be off the table. Morgan Stanley’s bull market outlook remains intact, with a strong year-end S&P 500 target — making this choppy phase a potential buying opportunity.
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