According to the Securities Times app, Morgan Stanley's Chief US Stock Strategist Michael Wilson said that the strengthening of the US dollar may be one of the few obstacles threatening the rise of US stocks. He said: "The strengthening of the US dollar may once again slow down the stock market rebound." "This may be something we are currently paying attention to, which could affect the momentum of US stocks hitting new highs repeatedly."

US stocks have repeatedly hit new highs this year. As investors prepare for a new round of earnings season, the S&P 500 index set its 46th record high in 2024 on Monday. However, at the same time, the Bloomberg US dollar index has risen by about 2% since early October, due to higher-than-expected inflation and causing investors to reduce their bets on the speed of future interest rate cuts by the Federal Reserve.non-farm payroll dataThis led investors to reduce their bets on the speed of future interest rate cuts by the Federal Reserve.

Michael Wilson said that the rise in US stocks is strong and has expanded to different sectors, while also being driven by central bank easing monetary policy, "this situation will continue until our economy is truly impacted, or until we face restrictions on liquidity."

Meanwhile, a survey conducted by the Bank of America strategist Michael Hartnett from October 4th to 10th revealed a "sell signal" for global stock markets. The survey shows that fund managers significantly increased their allocation to stocks, while reducing exposure to bonds, with the cash proportion in global investment portfolios dropping from 4.2% to 3.9%. The strategist stated in a report that this is the "largest increase since June 2020 driven by optimistic investor sentiment due to Fed rate cuts, China stimulus measures,But after the bursting of the internet bubble and the Fed's rate cut in 2001, the ROI dropped by more than 10%.and the largest surge since June 2020."