Morgan Stanley: Markets should remain cautious amid uncertainty surrounding the U.S. election
Michael D Zezas, a strategist at Morgan Stanley, said that investors' main goal during the US election should be to establish situational awareness and avoid overconfidence in the election results and market impact. Investors may benefit from adjusting their expectations. He said that the predicted probability of a Republican victory in the market has increased, leading some to expect a clear result on election night. Morgan Stanley believes this is possible but not the most likely scenario. Both candidates do not seem to be clear favorites to win the electoral college, so a situation similar to the long vote count in 2020 may occur again. Given the poor performance of early voting data in the past, Morgan Stanley does not attach too much importance to this data and recommends not over-interpreting the short-term market trend. The company said that the market's short-term reaction to the election is often noisy and may not predict the medium-term trend. (Jin10)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
New spot margin trading pair — HOLO/USDT!
FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn
- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

OPEN has dropped by 189.51% within 24 hours during a significant market pullback
- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

New spot margin trading pair — LINEA/USDT!
Trending news
MoreCrypto prices
More








