Morgan Stanley’s Wilson Is Steering Clear of Bold S&P 500 Calls
- ‘We haven’t really talked much about the index’: Wilson
- Challenge is to figure out ‘what the next stage is,’ he says
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With questions swirling around the US economy and corporate earnings, Morgan Stanley’s Mike Wilson is avoiding the kinds of big market calls he became known for the past couple years to focus instead on finding opportunities beneath the surface.
“You just gotta keep a really flexible, open mind — that’s what we try to do now with the stock picking,” the firm’s chief US equity strategist said Tuesday in an interview on Bloomberg Surveillance. “We haven’t really talked much about the index in the last four or five months because we’re trying to focus on the relative-value trades.”