Patience through Bumpy Final Leg of Bear Market
Comment of the Day

May 11 2022

Commentary by Eoin Treacy

Patience through Bumpy Final Leg of Bear Market

Thanks to a subscriber for this report from Morgan Stanley which may be of interest. Here is a section.

Eoin Treacy's view

A link to the full report is posted in the Subscriber's Area.

COVID cases are finally coming down in Shanghai which is positive news for the domestic economy. China remains exposed to the risk of further outbreaks because of the size and age of the population and the reluctance to be vaccinated. That holds out the prospect of continued lockdown phases for the foreseeable future. That’s a recipe for volatility. 

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