Morgan Stanley sees S&P profit boom despite West Asia war

Sell-side strategists have been boosting their profit outlooks, defying concern over soaring oil prices and a potential hit to consumer demand, data compiled by "This supports our stance that the probability remains low for this oil spike to end the business cycle," Morgan Stanley chief investment officer and chief US equity strategist Mike Wilson said in a March 23 note to clients. Optimism over Agencies The Live EventsOther Wall Street pros have been looking to corporate earnings for solace about the US ...