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Morgan Stanley’s CIO Mike Wilson Predicts 10% Stock Market Correction

Morgan Stanley’s chief investment officer (CIO) Mike Wilson issued a warning to traders in a recent interview with Bloomberg, saying that a 10% stock market correction is a likely outlook before the end of the year. Wilson said that several factors, such as the upcoming...

Morgan Stanley Expects Tough December For Stocks

Morgan Stanley's Michael Wilson has suggested that December could be a difficult month for US stocks, thereby bringing an end to a powerful November rally. The benchmark S&P 500 index gained almost 9% last month, marking one of its strongest November rallies in a...

Morgan Stanley and Goldman Sachs at Odds Over Market Outlook

Morgan Stanley and Goldman Sachs, two of Wall Street's largest investment firms, have expressed conflicting outlooks on the New York stock market following a three-week slump. Experts are still at odds with one another over Michael Wilson of Morgan Stanley exhibited a cautious approach,...