A forecast of up to a 7% S&P 500 drop if energy prices and bond volatility rise further
Bloomberg reports that Morgan Stanley strategists view US equities as vulnerable to further increases in energy prices and bond market volatility.
TLDR
Morgan Stanley strategists see the S&P 500 falling as much as 7% if energy prices and bond market volatility increase further, Bloomberg reports. Their forecast ties that potential decline to those conditions.
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