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Mike Wilson Anticipates Limited Market Pullback: Key Insights
Mike Wilson Anticipates Limited Market Pullback: Key Insights
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BTCCSquare news:
Morgan Stanley's Chief U.S. Equity Strategist Mike Wilson predicts a modest third-quarter pullback for U.S. stocks, with trade tariffs driving a 5-7% correction. "The third quarter will likely be the peak period for risk realization," Wilson told Bloomberg, noting tariff impacts will temporarily inflate corporate sales costs. The strategist maintains Optimism for earnings growth by 2026.
Tariff effects may vary across sectors, but Wilson emphasizes the market's resilience. "These are transient pressures," he stated, framing the dip as a cyclical adjustment rather than structural weakness. The analysis suggests selective opportunities for investors amid volatility.
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