Morgan Stanley lays out 4 looming risks that are combining to halt the relentless rally and push stocks into 'the danger zone'
2020 has been a challenging year for many investors. Unfortunately, we're only about halfway through.
More good surprises are potentially on the way as companies report earnings because the bar has been set really low. Analysts estimate thatearnings shrank by 45% in the second quarter — the largest decline since 2008 — according to FactSet. are reflecting this. Morgan Stanley's economists even see a high probability that job gains could temporarily turn negative again in July or August. Many health experts are worried that the flu season will come with a deadly new wave of COVID-19 infections.
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