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Zenger
Business
Shanthi Rexaline

Morgan Stanley Strategist Admits Market Misjudgment Amid Extended Rally

Morgan Stanley Michael Wilson Nvidia Corp
Morgan Stanley Equity Strategist Michael Wilson, who has been bearish on the market outlook, conceded that he was wrong amid the extended rally seen this year. HORACIO VILLALOBOS/GETTY IMAGES 

Morgan Stanley Equity Strategist Michael Wilson, who has been bearish on the market outlook, conceded that he was wrong amid the extended rally seen this year.

Morgan Stanley’s views on the broader U.S. equity market have been wrong this year, said Wilson in a note released on Monday.

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