A Morgan Stanley strategist said that as US bond yields soar and the dollar rises, the US stock market may face severe tests in the next six months. Strategist Michael Wilson warned in the report that as 10-year US Treasury yields climbed above 4.5%, the correlation between the S&P 500 index and bond yields had become a “decisive negative correlation.” The 30-year yield hit its highest level since the end of 2023 on Monday. Wilson said that the US dollar is currently approaching a level that could put pressure on companies with significant international exposure. Given the already poor breadth of the market, this may cause more widespread damage to the stock market in the first half of this year. Wilson was once one of Wall Street's biggest bearers, and it wasn't until mid-2024 that he turned bullish on the stock market. Although he expects the S&P 500 to rebound this year, he warned that the S&P 500 index's gains were not widespread enough.
Clear
All
Quotes
News
Learn
Help
All
HK
US
CN
SG
AU
JP
All
News
Announcements
Reports
No matches yet
Operations too frequent. Please try again later.
Please check network settings and try again Refresh
Refresh
Loading
History record
Latest News
-
Xiaomi Group seeks to issue shares in a 'first-old-then-new' manner to raise up to 5.3 billion dollars.
Market Watch | Tesla's stock rose over 10% during the trading session! It will officially launch its Asia Vets driver assistance features in China after regulatory approval is completed.
Report: Xiaomi Group plans to allocate shares in a way that replaces old ones with new ones, raising up to 5.3 billion dollars.
Quotes
More
News
More
Learn
More
Help
More
Loading
News
More
Announcements
More
Reports
More
大摩策略师:美股未来六个月可能面临考验
Daimo strategist: US stocks may face a test in the next six months
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
Like
Views 322
Write a comment
Statement
This page is machine-translated. Futubull tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation.
Comment(0)
Reason For Report