Morgan Stanley’s chief strategist thinks traders are set for a bumpy experience after realizing there is no extra ‘heroin’ within the Fed’s charge lower
As inflation tumbles from its 40-year excessive in June, traders are betting the Federal Reserve will finish its rate of interest hike cycle and ‘pivot’ to charge cuts this 12 months, boosting markets like previously. However some high Wall Road strategists are warning that the bullish outlook for shares may very well be too optimistic. …