Morgan Stanley Says Trade War, Inflation Threats Won’t Hold Back Stocks

Investing.com – Trade wars? Inflation?
Don’t worry, says Morgan Stanley (NYSE:).
The Wall Street firm says both threats have been overblown, leaving the stock market free to set new highs.
In a note to investors, Morgan Stanley said the Trump administration would not want to “destabilize global equity markets” with a trade war because it could lead to a GOP defeat in the midterm election later this year.
Meanwhile, worrisome signs of inflation that surfaced in January failed to appear again in February, allowing the yield on the 10-year Treasury note to stabilize below the psychologically important 3.00% level.
Both JPMorgan Chase (NYSE:) and BlackRock have also issued bullish market forecasts since the February correction.

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