Is the U.S. stock market headed for 8,000? Morgan Stanley's Wilson remains firmly bullish: regardless of who wins the midterm elections, investors should buy the dip.
Zhitong Finance APP has learned that Morgan Stanley's Mike Wilson said he sees several "clearing events" ahead for the stock market that could temporarily knock the market down, thereby creating a great opportunity for investors to jump back in. The bank's chief U.S. equity strategist noted that a series of factors could cause the S&P 500 to pull back about 9% from its most recent high to 7100 pointsmainly the midterm elections, pressure surrounding artificial intelligence spending, and liquidity constraints.
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