Morgan Stanley is bullish on U.S. stocks against the trend: A weaker dollar will boost corporate profits

Zhitong
2025.04.28 12:24
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Morgan Stanley's Chief U.S. Equity Strategist Michael Wilson believes that a weak dollar will support U.S. corporate earnings, helping U.S. stocks outperform global markets. He expects the S&P 500 index to be in the range of 5000-5500 points, but a larger increase will require reaching a tariff agreement, a rebound in earnings expectations, and a loosening of policies by the Federal Reserve. In contrast, strategists from JP Morgan and Société Générale hold a cautious view on U.S. stocks, believing that the risk-reward profile of international stocks is more attractive