Morgan Stanley Says Stock Market Has Priced in Tariff Best-Case Scenario, Warns Stagflation Issue Looming for Magnificent 7 Firms

Chris Toomey, a managing director at Morgan Stanley, thinks the market hasn’t priced in the risks of the Trump Administration’s tariffs. Toomey says in a new interview with CNBC that equities are still likely “range-bound,” suggesting that the S&P 500 may correct after rallying close to 6,000 points. source: https://dailyhodl.com/2025/06/03/morgan-stanley-says-stock-market-has-priced-in-tariff-best-case-scenario-warns-stagflation-issue-looming-for-magnificent-7-firms/