Stock Market Appears To Be Bottoming, Says Morgan Stanley’s Dan Skelly – Here’s Why
Multiple factors suggest the stock market is currently bottoming, according to Dan Skelly, a managing director at Morgan Stanley. Skelly says in a new CNBC interview that the US is currently experiencing a “productivity boom” that makes the risk/reward ratio for equities at current valuations look reasonably attractive. “I don’t want to diminish the conflict going on by any means, but when you think about it, a year ago April we were talking about another big policy snafu, perceived to be at the time, and here we are not thinking about that as much. And so I think, look, at the end of the day, you’re going to go through these challenges day to day, week to week, but the underlying narrative in the US is one of innovation, one of technology, productivity, and one of pretty strong earnings.” Skelly says Morgan Stanley doesn’t expect a major economic recession. “Peak to trough, we had a 9%
Source: https://dailyhodl.com/2026/04/13/stock-market-appears-to-be-bottoming-says-morgan-stanleys-dan-skelly-heres-why/
