Morgan Stanley says to watch rates as stock correction is almost over

Markets are pricing a scenario where oil supply is constrained but does not cause a recession, according to Morgan Stanley analyst Michael Wilson. This suggests investors expect tighter oil markets and upside risk to energy prices and inflation without a large demand-driven economic downturn.

Analysis

Markets are pricing a scenario where oil supply is constrained but does not cause a recession, according to Morgan Stanley analyst Michael Wilson. This suggests investors expect tighter oil markets and upside risk to energy prices and inflation without a large demand-driven economic downturn.