I posted a few minutes ago on The Morgan Stanley 3% cut to its S&P500 forecast everyone is talking about
Just to muddy the waters a little ... I have heard this from a few different places this morning but at the moment will have to say its unconfirmed:
- MS have issued a buy alert for equities
- Expect stocks to recover, gain 20%+ in the next 12 months
- Based on a MS model with 5 market timing signals, all 5 are giving buy alerts
Like I said, not confirmed. But doing the rounds.