CoinVoice latest news, according to Jin10 reports, Morgan Stanley strategist Michael Wilson stated that US stocks still have further upward space after rising for four consecutive months, as the Federal Reserve's interest rate cut cycle will resonate with strong corporate earnings. He pointed out that the US economy is entering the "early stage of the cycle," with nominal corporate earnings continuing to recover while borrowing costs begin to decline. Wilson believes that if there is a market correction in the short term, it may instead lay the foundation for a strong finish at the end of the year.
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CoinVoice latest news, according to Jin10 reports, Morgan Stanley strategist Michael Wilson stated that US stocks still have further upward space after rising for four consecutive months, as the Federal Reserve's interest rate cut cycle will resonate with strong corporate earnings. He pointed out that the US economy is entering the "early stage of the cycle," with nominal corporate earnings continuing to recover while borrowing costs begin to decline. Wilson believes that if there is a market correction in the short term, it may instead lay the foundation for a strong finish at the end of the year.