• Morgan Stanley says the correction has already happened for many stocks, so investors don't need to wait for it

    5 days ago - By Business Insider

    Lisa Shalett, Chief Investment Officer, Wealth Management at Morgan Stanley Lisa Shalett
    Many stocks have already corrected so investors don't need to wait, according to Morgan Stanley's Lisa Shalett.
    The CIO stated that 85-90% of stocks have corrected, with many about 10 or 20% from 52-week highs.
    She noted that Big Tech stocks still need to correct 10-15%.
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    The stock market has got off to a shaky start in 2022, but most shares have already corrected, so investors don't need to wait for further losses to buy into...
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