Morgan Stanley's investment chief says stocks are getting expensive again, and traders should be careful buying on positive news | Markets Insider

📆 12/11/2020 15:07:00
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Morgan Stanley's investment chief says stocks are getting expensive again, and traders should be careful buying on positive news

's current level hovering around 3600 is"full for the time being" and investors need to watch their entry points.

The CIO said that investors got"carried away" and entered the market at bad entry points on Monday when He added that the S&P 500 could easily go down in the short-term if the pandemic continues to deteriorate.

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