Stocks Primed To Dip in Q3, Says Morgan Stanley’s Chief US Equity Strategist – Here’s How Far They Could Drop in the ‘Quarter of Risk’

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Stocks could endure a manageable hiccup in the third quarter of the year, according to Mike Wilson, Morgan Stanley’s chief US equity strategist. Wilson tells Bloomberg Television in a new interview that Q3 could witness the moderate impact of tariffs. “We’ve been saying, the third quarter is probably the quarter of risk, where you’ll see some of this flow through to the cost of goods sold. I don’t think this is a massive correction. It’s a 5-7% correction. For some companies, it could be bigger,...