Every client overnight asked us the same question – "should I buy the dip?

Morgan Stanley’s top analyst Adam Parker does not disappoint with titles this time with one “Trump: Make My Portfolio Great Again”

“Every client overnight asked us the same question – “should I buy the dip?” with the futures hitting temporary shutdown circuit breakers as we are typing this around midnight New York time. We’d love to say yes, as we have been avid dip buyers over the past few years.”

That’s part of the intro of a Morgan Stanley US equity strategy research note published today. While on the face of it the quote looks perfectly harmless, the analysts who wrote the note go on to say that this time around the gut instinct...