Morgan Stanley Executive: The bull run in the US stock market may pause for the remainder of this year, but a significant correction is not expected.

On September 24, Andrew Slimmon, a senior portfolio manager in the U.S. equities division of Morgan Stanley Investment Management, stated in a phone interview that the bull run in the U.S. stock market may only pause for the remainder of this year, rather than experiencing a significant correction. "You have to stick with" technology, finance, and industrial zones. Despite these cyclical stocks being somewhat overbought, their performance may still be outstanding this year, partly due to the Fed having just resumed its rate-cutting cycle last week, with no signs of recession currently. In his view, the Fed's rate cut decision on September 17 was a "no-recession rate cut." Slimmon noted that historically, when the Fed resumes rate cuts after a pause and there are no signs of recession, the U.S. stock market usually pumps. (Jin10 )