Mike Wilson of Morgan Stanley during a Bloomberg Television interview in 2024. Photographer: Victor J. Blue/BloombergBy Emily Forgash
Takeaways by Bloomberg AI
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.
