Morgan Stanley says the stock market is 'disconnected from reality' and it's going to hit bottom this Spring

Morgan Stanley says the stock market is 'disconnected from reality' and it's going to hit bottom this Spring

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US stocks are ripe for a selloff after prematurely pricing in a pause in Federal Reserve rate hikes, according to Morgan Stanley strategists. “While the recent move higher in front-end rates is supportive of the notion that the Fed may remain restrictive for longer than appreciated, the equity…

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