Morgan Stanley sees S&P profit boom despite West Asia war

Morgan Stanley sees S&P profit boom despite West Asia war

Despite Middle East conflict, Corporate America's growth remains strong, with strategists boosting profit outlooks. This resilience, defying concerns over oil prices and consumer demand, suggests the current oil spike is unlikely to end the business cycle. An…

New York: Even as war in the Middle East roiled markets this month, some investors are finding solace in Corporate America's growth machine, which not only remains intact - but is showing signs of th… [+3934 chars]