Morgan Stanley: Weekly Warm-up: When Uncertainty Is High, Price Reigns…Which Side Are You On?

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Fiscal constraints limit policy response at a time when cyclical risks persist. Market breadth reflects this dynamic as the S&P 500 defends key technical support. We share takeaways from our roundtable with industry analysts, our latest consumer survey and our Dividend Playbook report.  Fiscal Dominance Remains on Center Stage…We continue to think the current backdrop is very different from the…

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