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‘Priced For Perfection’ Stocks Suddenly Awake To Rates Reality, Mike Wilson Cautions
Morgan Stanley's Mike Wilson is... cautious. That's one word to describe his disposition towards US
If you hang around the barber shop long enough, sooner or later, you are going to get your hair cut. Mike will be right one of these days…
I recall a time not so far back when a 25 bps increase was “certain” to cause a recession. Now not getting a 25 bps cut is a disaster. Sure hope the economy isn’t that unstable… Financial markets sure are though.