Mike Wilson

U.S. stock futures were trading lower on Wednesday, after advancing for three consecutive sessions. Futures of major benchmark indices were lower in premarket trading. Investors are reacting cautiously to President Donald Trump‘s mixed tariff signals. While stocks rallied on hints of...

Wall Street is digesting a slew of economic data Thursday following updates on pending home sales, jobless claims and fourth quarter GDP estimates. Here's a look at the data and how the markets are reacting.  GDP: The second estimate released Thursday by the U.S. Bureau of Economic Analysis revised...

Morgan Stanley's chief investment officer Mike Wilson has suggested that the Department of Government Efficiency (DOGE), led by Elon Musk, could play a pivotal role in revitalizing the US economy. This comes amid ongoing discussions about government spending and economic growth. What Happened:...

Morgan Stanley is raising red flags about U.S. equity markets heading into 2025. Sky-high valuations could set the stage for a turbulent year, according to Mike Wilson, the bank's chief U.S. equity strategist. The S&P 500 is "extremely expensive" and investors should brace for lower multiples...

Morgan Stanley has shifted to a more optimistic stance on the stock market, projecting an 11% increase in the S&P 500 by the end of 2025. Mike Wilson, the firm’s chief investment officer and chief U.S. equity strategist, released a note on Monday outlining this new outlook. What Happened...

Wall Street mood has become circumspect as traders gear up to receive a slew of earnings reports this week amid the market’s record run. The Nasdaq Composite has been a laggard among the major averages and it remains to be seen if the early sentiment reverses and tech stocks could finish the...

Wall Street is gearing up for a firmer start on Tuesday after stocks pulled back sharply in the previous session. The index futures firmed up amid a pullback in the 10-year Treasury note yield and dovish comments issued by a Federal Reserve official. Speaking at a European Central Bank event in...

Stocks are gearing up for another nervy start on Tuesday after they scrapped through in the previous session to finish a seasonally weak September on a high. Some strategists point to the unusual September gains as a testament to the market’s resilience. The unequivocal belief is the gains...

U.S. stocks are priming for a positive start on Tuesday ahead of the release of the key August retail sales report. Traders could throng the tech space as they seek to take advantage of the recent pullback. The market and experts are divided over the magnitude of a rate cut, but a 25 basis-point...

Morgan Stanley is advising investors to pivot towards defensive stocks as the AI market loses momentum. This recommendation comes after a noticeable decline in semiconductor shares. What Happened: On Tuesday, Mike Wilson, Morgan Stanley’s chief U.S. equity strategist, told Bloomberg...

Ahead of Friday’s all-important non-farm payrolls report, prominent economist Peter Schiff issued premonitory comments about the labor market. What Happened: More evidence of labor market softness emerged on Wednesday as the Bureau of Labor Statistics’ Job Openings and Labor Turnover...

The September slump will likely continue as the index futures are sharply lower early Wednesday. Traders will likely wait and watch to see how the labor market data, due for the week, pan out and their implications for the Fed funds rate. Wharton Professor and WisdomTree Chief Economist Jeremy...

U.S. stocks are set for a mixed start on Thursday as concerns regarding the economy and incremental yen carry trade unwinding remain an undercurrent. Traders may be keen to receive the jobless claims report, given the recent sell-off kickstarted last Thursday, partly due to a spike in the data....

Sentiment continues to be jittery, with the major index futures priming for a lower opening on Thursday as traders look ahead to the first read of second-quarter GDP data and more earnings. The tech space could once again drag the broader market after a few disappointing earnings reports from the...

Investors should be ready for a "choppy" third quarter as uncertainty over corporate earnings, Fed policy and the U.S. election create the perfect storm for a market correction. In a Monday interview, Morgan Stanley's Chief Investment Officer Mike Wilson said the market should brace itself for a 10...