Home
News Detail

US stock market growth will continue, and the pullback is an opportunity to make a low-level layout

Source: ChainCatcher
According to ChainCatcher, according to Kingshin, Morgan Stanley strategist Michael Wilson said that U.S. stocks still have room for further upward after four consecutive months of gains as the Fed'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", and while nominal profits of enterprises continue to rebound, borrowing costs have begun to decline. Wilson believes that if the stock market pulls back in the short term, it may lay the foundation for a strong end at the end of the year.
Link copied to clipboard