Genesis11
2021-09-02
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Morgan Stanley CIO: U.S. stocks on schedule for 10% correction
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That's where everybody's kind of crammed into,\" he said.</li>\n <li>For another perspective on financial markets, check out the latest from Bill Gross,who also wonders if stocks are contenders for \"the investment garbage can.\"</li>\n</ul>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Morgan Stanley CIO: U.S. stocks on schedule for 10% correction</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMorgan Stanley CIO: U.S. stocks on schedule for 10% correction\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-02 20:38 GMT+8 <a href=https://seekingalpha.com/news/3736630-morgan-stanley-says-stocks-on-schedule-for-correction><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Mike Wilson, chief U.S. equity strategist and chief investment officer for Morgan Stanley, said Thursday that \"we are right on schedule for the finishing move\" that will trigger a 10% correction in ...</p>\n\n<a href=\"https://seekingalpha.com/news/3736630-morgan-stanley-says-stocks-on-schedule-for-correction\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://seekingalpha.com/news/3736630-morgan-stanley-says-stocks-on-schedule-for-correction","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1125421461","content_text":"Mike Wilson, chief U.S. equity strategist and chief investment officer for Morgan Stanley, said Thursday that \"we are right on schedule for the finishing move\" that will trigger a 10% correction in the stock market.\nSpeaking to CNBC, Wilson cited recent economic evidence suggesting that \"the consumer is tired.\" He contended that \"we're going to have some payback\" after \"a monster stimulus.\"\nThe equity strategist added that attributing the recent consumer slowdown to the Delta variant is a mistake, arguing that recent trends have had more to do with the fact \"that we overshot to the upside.\"\n\"Delta is a bit of a trap,\" he said. \"The slowdown is not due to Delta exclusively.\"\nWilson predicted that decelerating growth, downward earnings revisions and the removal of Federal Reserve stimulus will provide catalysts for a 10% correction.\n\"The risk/reward is not particularly great at the index level. 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