Morgan Stanley: US stock market faces a short-term risk of 7% decline, and is expected to rebound before the end of the year

Morgan Stanley strategist Michael Wilson said that the US stock market is susceptible to rising energy prices and bond market volatility, and the S&P 500 index may fall 7% to 7100 points in the short term. Despite the valuation dropping to its lowest level since March, the outlook for corporate profits is strong, and it is expected that the S&P 500 index will rebound to 8000 points by the end of the year. (Source: Golden Ten Data)