Morgan Stanley: lower earnings could drag stocks 5-10%, Snap warning - Markets Insider
5/28/2022 12:00:00 AM2 years 11 months ago
by Hamza Fareed Malik
by Hamza Fareed Malik
"It seems inevitable that there was going to be some payback in corporate earnings this year," investment chief Lisa Shalett said.
A string of eye-catching earnings misses by tech and retail leaders signals it's payback time for stocks boosted by pandemic-era stimulus and that could pull markets lower, according to Morgan Stanle… [+3409 chars]
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