(New York)
While stocks have seen some gains the last couple of days, the reality is that it was a very poor quarter. However, as the second quarter begins, stocks may be about to get a big boost. That boost will come in the form of a $400 bn dividend hike which will be delivered in April and May. “We think it is no coincidence that spring is also a seasonally strong period for equities … April in particular tends to be a strong month for global equity returns”, says Morgan Stanley.
FINSUM: This could be the shot in the arm that stocks need right now.