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๐ฐ **This is why stocks keep rallying, according to Morgan Stanley**
The steady increase in earnings growth expectations has led to a compression in the price-earnings multiple for the S&P 500 index. Furthermore, the growth is broader and more sustainable, Morgan Stanley argues
๐ https://www.marketwatch.com/story/this-is-why-stocks-keep-rallying-according-to-morgan-stanley-6e7cc6a5?mod=mw_rss_topstories
#markets #news
The steady increase in earnings growth expectations has led to a compression in the price-earnings multiple for the S&P 500 index. Furthermore, the growth is broader and more sustainable, Morgan Stanley argues
๐ https://www.marketwatch.com/story/this-is-why-stocks-keep-rallying-according-to-morgan-stanley-6e7cc6a5?mod=mw_rss_topstories
#markets #news