The Latest Breaking News from Mike Wilson

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.

The S&P 500 is on pace for its best month-of-May gain since 2009.

“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.

The Wall Street bear is doubling down on his prediction that the S&P 500 will move downward in the final months of 2023.

Wall Street’s top strategist said much depends on whether current prices can be maintained in the short term.

Mike Wilson fears that investors have become overly optimistic after so many 'erroneous' recession predictions, and more stock market pain is coming.

"It's human nature to want to go with the trend both up and down."

Given his status as a three-time winner of the Le Mans 24 Hours, with a remarkable record of 10 outright podiums at the event, you’d have imagined that Rinaldo Capello would choose the French circuit as his favourite track. But a long-forgotten test at Imola, which ‘Dindo’ believes was instrumental…

The analyst pointed out that a handful of high-performing stocks are yet to reach the highs they enjoyed in 2021.