Invest: Morgan Stanley strategist: "Profits can't always grow that strongly"
Jim Caron speaks on the podcast about a future with lower growth rates and explains why he is optimistic for 2027 nonetheless.
Jim Caron, Investment Chief of Morgan Stanley's Solutions Group, is cautiously optimistic about the coming year. He believes investors must adjust to a future with lower growth rates in the US economy and corporate earnings. Caron expects S&P 500 company earnings to rise by around 12 percent next year, which is historically strong but requires investors to lower their expectations. He also discusses the impact of the midterm elections on markets and his views on the French turmoil and the euro crisis.
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