Business & Finance
Mike Wilson Says Buy Stock Dip Regardless of Who Wins Midterms
Key Points
Mike Wilson Says Buy Stock Dip Regardless of Who Wins Midterms Morgan Stanley’s Mike Wilson says he sees a few “clearing events” ahead for the stock market that have the potential to take it lower temporarily, creating a great opportunity for investors to pile back in. The bank’s head US equity strategist pointed to a number of things that could bring the S&P 500 Index down about 9% from its last record to 7,100 — primarily the midterm elections, stress over artificial intelligence spending...
Mike Wilson Says Buy Stock Dip Regardless of Who Wins Midterms
Morgan Stanley’s Mike Wilson says he sees a few “clearing events” ahead for the stock market that have the potential to take it lower temporarily, creating a great opportunity for investors to pile back in.
The bank’s head US equity strategist pointed to a number of things that could bring the S&P 500 Index down about 9% from its last record to 7,100 — primarily the midterm elections, stress over artificial intelligence spending and liquidity constraints.