Odaily Daily Planet News Morgan Stanley's chief US stock strategist, Mike Wilson, said that although some people think that a Trump victory would be a disadvantageous factor for the economy and the stock market, a Harris victory could lead to disappointment on Wall Street. Polls show a 50% chance of this happening. However, Wilson pointed out the market downturn risks that a Trump victory could also bring. He said, 'In some market areas, if the upside potential is already over-crowded and priced, the 'sell-the-news' phenomenon may make it fragile.' (Jinshi)
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Morgan Stanley: Se Harris vencer, pode levar a Wall Street a ficar desapontada
Odaily Daily Planet News Morgan Stanley's chief US stock strategist, Mike Wilson, said that although some people think that a Trump victory would be a disadvantageous factor for the economy and the stock market, a Harris victory could lead to disappointment on Wall Street. Polls show a 50% chance of this happening. However, Wilson pointed out the market downturn risks that a Trump victory could also bring. He said, 'In some market areas, if the upside potential is already over-crowded and priced, the 'sell-the-news' phenomenon may make it fragile.' (Jinshi)