This driver explains why traders shouldn’t fight the S&P 500 rally
Morgan Stanley identifies an improving rate of change in earnings-per-share revisions – the net proportion of analysts raising rather than lowering profit estimates across the S&P 500 – as the key catalyst for equities behind a better second half in 2025.
Morgan Stanley identifies an improving rate of change in earnings-per-share revisions – the net proportion of analysts raising rather than lowering profit estimates across the S&P 500 – as the key catalyst for equities behind a better second half in 2025.
