Morgan Stanley has upgraded its outlook on U.S. equities to “overweight,” citing continued global economic expansion despite a slowdown. The firm believes that while growth is decelerating, it remains in positive territory, offering support to stock markets.
Analysts noted that even with significant policy uncertainty, the economic backdrop remains favorable for equities. The shift in stance reflects confidence that the current environment represents a slowdown rather than a downturn, positioning U.S. stocks as an attractive opportunity amid global shifts.
Meanwhile, J.P. Morgan has upgraded emerging market stocks, highlighting easing U.S.-China trade tensions and a weaker dollar as key drivers. The firm is bullish on India, Brazil, China, UAE, Greece, Poland, Chile, and the Philippines, citing strong growth potential and attractive valuations.
This is a developing story. Stay tuned for further updates.
