S&P 500 Index: Bear market rally will likely fail once again – Morgan Stanley

FXStreet Insights Team FXStreet

While equity markets continue to rally, the key to the end of the bear market may be in the fundamentals, Mike Wilson, Chief Investment Officer and Chief US Equity Strategist for Morgan Stanley, reports.

Bear market is not over

“There is plenty of bullish and bearish fodder in the technicals in our view, and one will need to take a view on the fundamentals to decide this bear market for stocks is over.”

“Our view remains the same, the bear market is not over, but we acknowledge that Friday's price action may push out the next leg lower for a few more weeks.”

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FXStreet Insights Team

FXStreet

The FXStreet Insights Team is a group of journalists that handpicks selected market observations published by renowned experts. The content includes notes by commercial as well as additional insights by internal and external analysts.

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