Surveillance

Morgan Stanley’s Mike Wilson Stays Nimble Amid a ‘Humbling’ Cycle

It’s all about finding the right trades and companies, not big index-level calls, he says

Now what: From recession calls to rate cuts to a no-landing scenario, Wall Streeters have been shredding one narrative after another in recent months. 

Photographer: Michael Nagle/Bloomberg

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This a really tough cycle to get right. Take it from Morgan Stanley’s Mike Wilson, who nailed the stock-market selloff of 2022 but missed last year’s rally.