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Morgan Stanley advises monitoring rates as the stock market correction nears its end

Morgan Stanley advises monitoring rates as the stock market correction nears its end

Short-term concerns for stocks might not stem from oil prices but rather from rising interest rates. Increasing bond yields and expectations for tighter monetary policy are putting a strain on stock valuations, already affected by higher energy prices. Michael Wilson, the chief U.S. equity strategist at Morgan Stanley, suggests that the market seems to be […]