AccentForex - Analytics

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    Morgan Stanley forecast on S&P 500 was moved down

    Morgan Stanley analytics reduce Standard & Poor’s index forecast for next 12 month from 2175 to 2050 points. “Weaker growth forecasts and rising political risk lead us to close our positive tactical stance and lower exposure in global equities,” noted analysts.According Morgan Stanley economists world’s recession probability is about 30%. That number is muximum in the current economic cycle. Expersts forecast USA GDP growth up to the level 1,7% instead 1,9% as ealier appears. The eurozone is expected to increase up to the level 1,5% instead 1,8%. And the forecast for developing markets is changed on 0,4% from 4,4% to 4%.

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