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The Latest Breaking News from Mike Wilson

Why some of the most dedicated World Cup fans are skipping this year’s tournament

The World Cup is set to get underway next week, but some hardcore fans won’t be attending this year’s tournament

The Independent UK

Global Market Today: Asian stocks, US futures climb on tech optimism

Asian stocks advanced, mirroring Wall Street's record highs driven by a tech surge and strong corporate earnings. Investors are closely watching the US-China summit and geopolitical developments in Iran, while inflation concerns fuel bets on Federal Reserve rate hikes next year.

The Economic Times

Stocks haven't hit bottom yet, says the analyst who called a 'rolling recession' when everyone else saw a boom

Morgan Stanley's Mike Wilson says 50% of Russell 3000 stocks are already down 20% — and the selloff panicking investors this week started six months ago.

Fortune

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‘Bills keep going higher’: community ‘warm spaces’ on the rise in the UK

As places such as Walworth Living Room step in to help people in need, charities lament lack of government help

The Guardian - UK

‘Dr. Doom’ Nouriel Roubini breaks with the crowd on the AI bubble, saying the U.S. is headed for a ‘growth recession’ and not a market crash

“The now common view,” according to the NYU Stern School of Business professor emeritus, “is incorrect over the medium term.”

Fortune

Corporate America is trying to tell us something about the economy, top analyst says: A 3-year recession for ‘much of the private economy’ ended in April

Morgan Stanley’s Mike Wilson was a lonely voice on Wall Street calling a “rolling recession” when others saw a boom. Now he sees a “rolling recovery.”

Fortune

Stock Market Today: Dow Jones, Nasdaq Futures Tumble Amid US-China Trade Tensions—Tesla, IBM, American Airlines In Focus

U.S. stock futures were swinging on Thursday following Wednesday’s declines. Futures of major benchmark indices were lower.

Benzinga

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Top analyst still thinks we’re on the cusp of a new boom for the economy, but investors aren’t with him: ‘Markets remain choppy’

Morgan Stanley’s Mike Wilson says he needs to see more before giving the “all-clear” on chances of a further near-term correction.

Fortune

Top analyst warns that ‘larger than expected correction is likely’ if Trump and China don’t kiss and make up

If the truce in the trade war doesn’t resume by early November, Morgan Stanley’s Mike Wilson writes, brace for a 10% to 15% haircut.

Fortune

The economy is just getting stronger, not weaker, and ‘we in the economics profession need to look ourselves in the mirror,’ top analyst says

“The consensus has been wrong since January,” Apollo Global Management chief economist Torsten Sløk wrote on Wednesday.

Fortune

Trump’s $100K visa move 'threw a lot of people, including us,' Cathie Wood says. She's still wildly optimistic about the American economy

This is a short-term thing, the ARK Invest CEO said, adding that it's definitely a "punishment" for India. "Productivity is one of the most potent anti-inflationary forces."

Fortune

Top analyst says you weren't crazy for thinking the economy felt worse than it looked the last 3 years. The 'rolling recession' just ended

"Central to our view," Morgan Stanley's Mike Wilson argues, "is the notion that the economy has been much weaker" than the headline numbers suggest.

Fortune

Dow futures rise as Wall Street and the Fed brace for updates on how much Trump's tariffs are stoking inflation

The consumer price index for July will come out on Tuesday, and Wall Street expects a 0.2% monthly overall increase and a 0.3% uptick in the core CPI.

Fortune

A new bull market has begun and is still in the early stages, so buy the dips, top Wall Street analyst says

Wilson's view is part of an increased sense of optimism on Wall Street as fears over tariffs ease with the signing of several trade deals.

Fortune

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Fortune

Morgan Stanley's Mike Wilson says it's become clear to Wall Street that President Trump 'doesn't care' about the stock market

Wall Street expected to have something of a friend in Donald Trump, yet the President's indifference to market volatility is analysts' true cause for concern, said Mike Wilson.

Evening Standard

Henry Cavill’s Marvel Nova role 'scrapped' as Amazon’s Bond takeover sparks campaign for him as 007

Amazon’s Jeff Bezos ignites fan excitement for Henry Cavill as the next Bond after superhero ‘fail’

International Business Times

Amazon Takes Control Of James Bond For 'Next Phase Of The Legendary 007'

Amazon MGM Studios will take over creative control of the James Bond franchise from longtime producers Barbara Broccoli and Mike Wilson.

Benzinga

Morgan Stanley Sounds Alarm For Markets In 2025: 'S&P 500 Is Extremely Expensive'

Morgan Stanley warns of turbulent 2025 as sky-high valuations and challenging conditions may limit equity market gains.

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Sports Illustrated

Tennessee Fans Raise Over $10,000 for Montana Guard Who Lost Both Parents in a Year

The Volunteers' supporters helped out an opponent in the midst of horrific circumstances.

Fortune

Stock market faces 10% correction ahead of election, warns Morgan Stanley’s chief strategist

The AI trade has lifted the stock market to all-time highs despite weakening economic data, prompting fears the upcoming Q2 earnings season could prove disappointing.

Fortune

Wall Street's biggest bear just turned bullish on stocks—but he warns ‘uncertainty’ still reigns

Morgan Stanley’s Mike Wilson previously called the $8 trillion market drop in 2022, due to a combination of “fire and ice.”

WEKU

Kentucky Senate backs a new selection process for State Board of Education members

The Kentucky Senate has voted to change how members are chosen to sit on the governing board for the Commonwealth’s public secondary and elementary schools. Currently, the governor appoints members to the State Board of Education.

Newcastle Herald

Tributes to larger-than-life stock agent Mike Wilson

He was known as the bloke at the bull sale with a pen and notepad.

Fortune

Apple and Tesla stumbles have thrown the ‘Magnificent 7’ into doubt—but according to Wall Street analysts they’ll be the backbone of the market for years

JPMorgan, Goldman Sachs, Oppenheimer and Ned Davis Research on the future of Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia and Tesla shares.

Fortune

Morgan Stanley’s investment chief expects stocks to rise just 2% in all of 2024—but these AI-era picks and defensive plays could help investors outperform

“The leading macro data suggests that we're in a late cycle market environment,” Morgan Stanley's Wilson wrote Monday, adding that it's stock pickers' world.

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