‘Bull market check list remains intact’ despite pullback, Morgan Stanley says
August 21, 2017 at 14:25 PM EDT
Investors may be feeling skeptical about the U.S. stock market right now, given indexes have dropped for two straight weeks—four, in the case of the Nasdaq—and there are few obvious positive catalysts in an environment where geopolitical uncertainty remains high and expectations for profit growth have been dropping. At least one major investment bank, however, remains just as bullish as ever.