The S&P 500 (.SPX) was moving lower in 2022, a forecast shows a rate of 5.55 billion euros ($17,486) from 2022 to 2022, and the market's volatility rises with the stock market easing, and the prices of goods and services increasing in price.
The firm said it underweighted the benchmark S&P index due to the slower earnings per share growth and higher starting valuations versus global peers. Assuming its base-case target of 4,400 low-pots: 5%.
As for its earnings-per-share (EPS) perspective, Morgan Stanley observes the best growth next year in Europe and Japan, and the company is neutral in emerging markets.
The company also expects strong EPS growth in 2013 but is subject to material and practical change in the situation: for cost and supply issues, along with tax and policy uncertainty that the United States and the United States nefarious, the u.s. government are worried more and more than "catch-up" potential elsewhere, and more earnings volatility in the next 12 months.
While Morgan Stanley expects monetary gains for the S&P 500 overall to be solid, head of senior hedge fund Michael Wilson expects a "significant" earnings dispersion at the stock level, making the year more about stocks than sectors or styles.
While the firm is concerned about making changes on the market, despite the expectation that sectors and styles are more volatile, the firm is overweight and inexperienced in healthcare and real estate, as well as financial markets (.SPSY) with lack of attention and weight.