MORGAN STANLEY: 3 trends will dictate the fate of global markets for the rest of the year. Here’s how to profit from each one.

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“Defensive but not bearish” is how Morgan Stanley’s cross-asset strategists are approaching the stock market for the rest of the year. Their US cycle indicator of macro, credit, and corporate conditions has slumped into “downturn” mode for the first time since 2007, warranting this cautious approach. Morgan Stanley lays out three trends that will affect […]