The election will be good news, regardless of outcome, says Morgan Stanley’s chief stock-market strategist
Summary
Morgan Stanley’s chief stock-market strategist believes the midterm elections will benefit the market regardless of the final result. According to the firm's leadership, the upcoming vote functions primarily as a necessary clearing event for investors.
Morgan Stanley’s chief stock-market strategist, Mike Wilson, said the midterm elections are a classic “clearing event” whose outcome at this point doesn’t really matter.
Source: Read the full story at MarketWatch.com - Top Stories
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