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S&P 500 about to fall sharply as it teeters on brink of bear market, Morgan Stanley says

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The S&P 500 is poised to fall sharply as investors flee risks assets on fears over a recession, aggressive tightening by the Fed and inflation, according to Morgan Stanley analysts.

FOX Business host provides insight on the stock market on 'Making Money.'

"With defensives the latest big outperformer, they are now expensive, leaving very few places to hide," Morgan Stanley analysts wrote in a Monday note. "This suggests the S&P 500 will finally catch up to the average stock and enter a bear market." They said the increasingly hawkish Fed is looking "right into the teeth of a slowdown," and that there is little upside for defensive positioning lately.

 

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Its not BTC

Morgan Stanley is a joke. S&P is about to explode upward.

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