Morgan Stanley Economic Indicator is Forecasting June Gloom
This article was originally published on ETFTrends.com.
May’s volatility brought investors back to reality despite a 2019 that began with U.S. equities having a strong start to the year, but now economic indicators like Morgan Stanley’s Business Conditions Index are forecasting June gloom. The index identifies turning points in the economy, and fell by 32 points during the month of June to [...]