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

"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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