Morgan Stanley To Investors: Keep Your Expectations 'In Check'

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Morgan StanleyMS
analysts commented in a
blog post
on Monday that investors need to keep their expectations "in check" heading into 2016. According to Morgan Stanley's Chief U.S. Equity Strategist Adam Parker, investors need to realize that a strengthening dollar, following a Federal Reserve rate hike, will "likely hold back" on earnings per share growth in the coming year. The strategist also cited the ongoing "hangover of weak energy prices" as a chief concern. In fact, Parker added that none of the firm's major strategists are more bullish about their respective asset class today than they were during the summer. The report pointed out that Morgan Stanley's economists and analysts are forecasting the U.S. economy will grow just 1.8 percent in 2016 – falling short of the consensus estimate of 2.5 percent growth.
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Posted In: NewsGuidanceEconomicsMarketsAdam ParkMorgan Stanley
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