- The stock market selloff in April marked the end of a bear market, according to Morgan Stanley’s Mike Wilson, who said a new bull market has started. Volatility along the way is normal, and the market will likely cool off in the third quarter, he predicted. But investors should keep buying the dip as the bull market is still in the early stages, he added.
There’s growing concern that the U.S. may be headed for a recession, but Morgan Stanley’s Mike Wilson has said that the economy was actually in a “rolling recession” for the past three years.
