Reported 27 days ago
Morgan Stanley strategist Michael Wilson advises investors to buy US stocks during market selloffs, citing a strong earnings outlook for the upcoming year despite challenges from a weakening labor market and tariff-related inflation. He noted that the second-quarter earnings season is outperforming expectations, with S&P 500 companies projected to see significant profit growth. Wilson believes that factors such as AI adoption and tax cuts will support equity markets moving forward.
Source: YAHOO