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Fortune
Fortune
Christiaan Hetzner

Stock market faces 10% correction ahead of election, warns Morgan Stanley’s chief strategist

Morgan Stanley chief U.S. equity strategist Mike Wilson (Credit: Eva Marie Uzcategui—Bloomberg via Getty Images)

Investors could face a correction as the quarterly earnings season kicks off, with stocks trading at all-time highs. 

Morgan Stanley’s chief U.S. equity strategist warned uncertainty around a host of different issues—including corporate earnings, the November election outcome, future tariffs and central bank policy—will mean the current third quarter could get “choppy” for investors.

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