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The S&P 500 will bounce back by the end of the year as inflation likely peaked in July, a top Morgan Stanley strategist says

The S&P 500 will snap back by the end of the year as inflation likely peaked in July, according to a top Morgan Stanley strategist. Speaking on CNBC, Andrew Slimmon said the S&P 500 will “end the year closer to” where it started at around 4,778. “Positioning is uniformly bearish. And I suspect that …

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