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Morgan Stanley says fiscal tightening a risk for stocks

The strategist — one of the most bearish voices on Wall Street — said that Fitch Ratings’ downgrade of US government debt last week and the ensuing selloff in the bond market suggests that “investors should be ready for potential disappointment� on economic and earnings growth.

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​ The strategist — one of the most bearish voices on Wall Street — said that Fitch Ratings’ downgrade of US government debt last week and the ensuing selloff in the bond market suggests that “investors should be ready for potential disappointmentâ€� on economic and earnings growth. The strategist — one of the most bearish voices on Wall Street — said that Fitch Ratings’ downgrade of US government debt last week and the ensuing selloff in the bond market suggests that “investors should be ready for potential disappointmentâ€� on economic and earnings growth.  Moneycontrol Latest News Read More  

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