© Bloomberg TV Bloomberg TV The US economy doesn’t need stimulus in the next 30 days, Morgan Stanley’s top equity strategist told CNBC’s “Closing Bell” on Tuesday. “I don’t think we need stimulus in the next 30 days for the economy to stay afloat. There is no risk of a […]
Stanleys
The tech-heavy Nasdaq could plunge another 12% from current levels as a key support level is tested, says Morgan Stanley’s investment chief
Andrew Kelly/Reuters As investors continue to grapple with a rise in COVID-19 cases and the uncertainty of more fiscal stimulus from Congress, the technical picture of the stock market “has deteriorated,” Morgan Stanley said in a note on Monday. After both the S&P 500 and Nasdaq 100 indices closed […]