Morgan Stanley Quants Map Out Trades for Turmoil Then Turnaround
- Strategists prepare for two phases: volatility before recovery
- Say stay defensive in “near future” then ride recovery trends
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Few Wall Street banks have the conviction to say markets are either destined for another rout or a sustained revival. Quantitative strategists at Morgan Stanley are giving clients a game plan for both.
The bank’s systematic specialists reckon trading patterns will remain locked in the current volatility stage for a while yet, favoring quality equities to help weather price swings and protect from downward spikes.