Morgan Stanley Warns Stock Bulls Deluded by ‘Wishful Thinking’

(Bloomberg) — The July stock-market rebound has emboldened bulls hoping prices will defy the gravity of the Federal Reserve’s escalating fight against inflation. Most Read from Bloomberg Don’t b...

Why the stock-market rally may be nothing more than ‘wishful thinking,’ according to Morgan Stanley CIO

Listen to the bond market. That is the advice from Lisa Shalett, chief investment officer at Morgan Stanley Wealth Management, warning that recent resilience in stocks could be “nothing more than a be...