Reported about 20 hours ago
Michael Wilson from Morgan Stanley believes that the US stock market will keep rallying following four months of gains, driven by Federal Reserve interest rate cuts and strong corporate earnings. He suggests that while there may be seasonal risks and inflation concerns, the market is positioned for potential upswings, particularly in rate-sensitive small-cap stocks that have underperformed this year. Overall, optimism remains high for continued growth, especially related to technology and AI sectors.
Source: YAHOO