Morgan Stanley Investment Management on US equities, speaking with Dow Jones / Market Watch
- "We've had a heck of a good run,"
- rally "probably continues once we get through the election"
- "but I'm not sure next year will be quite as good a year"
- rally pause on the 10-year Treasury rate's move higher
- but encouraged by companies' earnings results so far in Q3 reporting season
- backdrop is of a strong economy
- still favoring cyclical, eg financials, industrials
- not selling tech stocks
