Morgan Stanley Warns Growth Stock Underperformance Just Beginning
(Bloomberg) — Lagging yields from U.S. expansion stocks, recently surpassed by their value peers, mark only the start of a longer-term movement, according to Morgan Stanley. The change favors an overweight position in financials, consumer staples and utilities, said Michael Wilson, the bank’s main U.S. equity strategist. The S&P 500 Value Index …
News story published on 2019-10-28T03:45:00.0000000Z
