Here's your summary from 10% market correctionis “highly likely,” saysMorgan Stanley CIO #shorts (https://www.youtube.com/watch?v=cT7UDaUeDck) on the Bloomberg Television channel:
**TLDR:** Morgan Stanley CIO predicts a 10% market correction is highly likely due to strong momentum, high exposure to high multiple stocks, and prevailing uncertainty.
1. Momentum in the market is strong, leading to higher exposure to high multiple stocks than investors realize.
2. Uncertainty surrounding various factors like earnings, election outcomes, tariffs, immigration, and Fed policies is likely to cause a 10% correction before the election.
3. Valuations are currently unexciting, indicating a choppy third quarter with potential opportunities for investors.
#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro