Finance News on November 22nd (Editor Liu Rui): On Thursday US Eastern Time, Morgan Stanley CEO Ted Pick stated that he is optimistic about the future of US stocks, expecting the US economy to continue to perform well in 2025.

US stocks are expected to continue to rise.

At the Morgan Stanley Summit in Singapore, Pick stated: "The world is still dominated by USA consumers. The balance sheets of USA companies are overall very good. And the new government is talking about growth."

He acknowledges that due to factors like policy uncertainties, there may be some cautious sentiment in the market, but overall, people continue to hold a constructive attitude.

Pick stated that Morgan Stanley expects the s&p 500 index to continue to rise, noting that in the backdrop of sustained economic growth in the USA and relaxed regulations, sectors such as finance and industry may perform well in stocks.

So far this year, the s&p 500 index has accumulated an increase of over 24%, while the Dow Jones has accumulated an increase of 15.13%.

Pick also mentioned that the upward trend of US stocks is not necessarily smooth sailing, sometimes there may also be declines, but overall, the momentum seems to be upward towards 2025.

Piccolo also praised the Fed's monetary policy measures, believing that they are doing "very well".

He stated that the Fed's actions are cautious, which is the "right approach", and added that the Fed would not want to reverse the current rate-cutting path.

The threat of trade tariffs is not to be feared.

However, when considering the prospects for the US economy next year, an unavoidable issue is the Trump administration's tariff policy.

President-elect Trump has threatened that once he takes office, he will impose a 60% tariff on Chinese goods imported into the US, and a 10%-20% tariff on global imports. Many economists have already warned that this could push up inflation in the US, making it difficult for the Fed to ease monetary policy, thus affecting US economic growth.

Seth Carpenter, Chief Economist at Morgan Stanley, said this week that Trump's proposed tariffs will weaken the US's economic growth in 2026.

And when asked about this issue, Piccolo simply replied, "The biggest risk is a combination of geopolitical and policy mistakes."

Piccolo stated that his core view remains that the US economy will continue to grow. However, the question is whether under the influence of potential stimulants (such as tariffs), US inflation will overheat, thereby curbing economic growth.

But he believes that both China and the USA have 'common motivations' to search for solutions that can promote economic development in both countries.

Editor/Lambor