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MORGAN STANLEY: There are 2 major reasons why the stock market has already seen its 2018 peak

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  • Based on stock index trading and sentiment shifts over the past few months, Morgan Stanley concludes the equity market has probably already peaked for 2018.
  • The 10% correction that rocked major US indexes in early February will make it difficult for stocks to re-test 2018 highs, especially with volatility picking up.

Pack it in, folks. The stock market may have already topped for the year.

So says Morgan Stanley, which is troubled by a series of factors signaling the end of a so-called “melt up” period that’s seen investors flood into US stocks with little regard for read more >>>

Source:: BusinessInsider.Com