"The global asset pricing anchor" surges, Morgan Stanley warns that U.S. stocks are about to face a difficult time

Zhitong
2025.01.06 12:36
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Morgan Stanley warns that the U.S. stock market may face challenges in the next six months due to rising U.S. Treasury yields and inflation concerns. Strategist Michael Wilson pointed out that the 10-year Treasury yield has exceeded 4.5%, leading to a significantly negative correlation between the S&P 500 index and bond yields. Although the stock market is expected to be supported by policies such as tax cuts in 2025, the current market conditions and the strength of the dollar may put pressure on international business companies