JPMorgan, Morgan Stanley clash on direction of stock rally
JP Morgan believes rally could run through end of year while Morgan Stanley sees disappointing earnings pushing stocks lower.
Top Wall Street strategists are divided on whether the U.S. stock market is poised to extend its longest winning streak of the year — or slip back after another false dawn.
Morgan Stanley strategists said in a note Monday that the sharp rally since June is just a pause in the bear market, predi
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