“Midterm Elections a 'Clearing Event' for Stocks Regardless of Outcome, Says Morgan Stanley” — what this page in the network covers. Morgan Stanley's chief stock-market strategist, Mike Wilson, says the U.S. midterm elections are a classic "clearing event" for markets, and the outcome at this point doesn't really matter. In a recent note, Wilson argued that removing the uncertainty of the election will be a positive catalyst for for Stocks Regardless of Outcome, Says Morgan Stanley's Mike Wilson
Morgan Stanley's chief stock-market strategist, Mike Wilson, says the U.S. midterm elections are a classic "clearing event" for markets, and the outcome at this point doesn't really matter. In a recent note, Wilson argued that removing the uncertainty of the election will be a positive catalyst for equities, regardless of which party wins control of Congress. He noted that markets have historically rallied after midterms, as policy gridlock often limits new legislation that could disrupt business. For the complete material, the listing points back to the source inside the network.