Market Bulls From Morgan Stanley to Eaton Vance Find Their Voice

(Bloomberg) — Few predict anything less than turbulence for global markets in the coming week. But those who think the worst has passed are finding their voice.Commentators from Morgan Stanley to Eaton Vance are turning less gloomy. They’re encouraged by a combination of unprecedented government and central bank stimulus efforts, declining volatility and — crucially — signs that the coronavirus pandemic is peaking in parts of Europe.“There is light at the end of the tunnel but it’s still a long tunnel,” Erik Nielsen, UniCredit SpA’s London-based chief economist, wrote in a note Sunday.None of which means markets will gain much …read more

Source:: Yahoo Finance


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