Reuters
- The US stock market correction earlier this month may have been painful for investors, but it also gave them a dry run to prepare for another major market event.
- Morgan Stanley has learned from the experience, and it has provided four hedging recommendations to prepare for another meltdown.
Sure, the 10% correction that rocked US equity markets earlier this month was jarring and painful, but it also gave investors a dry run for a major market meltdown.
As a result, traders now have a good idea what tactics will work when defending against sharp losses. And that’s a major positive, considering Morgan Stanley thinks the worst is yet to come.See the rest of the story at Business Insider
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See Also:
- MORGAN STANLEY: The stock market’s meltdown was just an ‘appetizer’ — here’s how to protect against the next sell-off
- The implosion of a wildly popular trade was actually a good thing, Morgan Stanley’s US equity chief says
- What correction? $ 6.3 trillion manager BlackRock just boosted its outlook on US stocks
SEE ALSO: A new part of the market is melting down as panicked investors get another ‘wake-up call’
