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A 10% market correction is ‘highly likely’: Morgan Stanley’s Wilson

DeFi Daily News by DeFi Daily News
July 9, 2024
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A 10% market correction is ‘highly likely’: Morgan Stanley’s Wilson
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#stockmarket #yahoofinance #election2024 #fed

Morgan Stanley Chief U.S. equity strategist Mike Wilson says a 10% market correction between now and the election is “highly likely.” In an interview with Bloomberg Television, Wilson cites uncertainty around the election, earnings, and Fed policy as some of the reasons for a potential pullback, adding that he thinks the third quarter will be “choppy.” Yahoo Finance’s Brad Smith and Seana Smith discuss the call in the video above. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Stephanie Mikulich.

Yahoo Finance: Market Coverage, Stocks, & Business News
About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

– Get the latest news and data at finance.yahoo.com

– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)

– Follow Yahoo Finance on social:

X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance

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Tags: BondsbusinessCorrectionCurrenciesEquitiesFXhighlyInvestingInvestmentMarketMarketsMoneyMorganNewsNYSEPersonal FinancePoliticsSavingsStanleysStock marketstocksWilsonYahoo FinanceYahoo FInance Premium
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