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Morgan Stanley’s Mike Wilson Changes Stance; Says. “We Are Now in a New Bull Market”

2025-08-08 16:41:50

Morgan Stanley’s Mike Wilson Changes Stance; Says. “We Are Now in a New Bull Market”

Main Idea

Morgan Stanley’s Mike Wilson has shifted his stance and now believes the market is in a new bull phase, drawing comparisons to early 2020 and highlighting conditions needed for its continuation.

Key Points

1. Mike Wilson, Chief US Equity Strategist at Morgan Stanley, announced a new bull market as of April 2025, reversing his earlier bearish outlook.

2. He compared the current market to spring 2020, expecting minimal dips and sustained growth momentum.

3. Wilson noted 'speculative excess' like over-extended valuations but considers it typical in early bull markets.

4. He emphasized that 10-year yields must stay below 4.5% and positive growth momentum is crucial for the bull phase to continue.

5. Some crypto enthusiasts remain skeptical of Wilson’s predictions due to his previous bearish stance.

Description

Wilson was previously known for his bearish market calls throughout much of 2024 and early 2025 He believes the bear market is over, and that markets transitioned into a new bull market as of April According to Wilson, 10-year yields need to stay below 4.5% and positive growth momentum is necessary to keep the bull phase going Mike Wilson, Chief US Equity Strategist and Chief Investment Officer at Morgan Stanley, announced that he believes we’re now in a new bull market . This is quite the chang...

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