Morgan Stanley strategist Wilson warned that the U.S. stock market is not yet safe and sound

Morgan Stanley strategists stated that confidence in the U.S. stock market is improving, but investors should not become complacent too early. The team led by Michael Wilson pointed out that four factors are needed to sustain a more lasting rebound, but progress is currently only seen in two areas: "optimism surrounding the U.S.-China trade agreement and stabilization in earnings revisions," they wrote in a report on Monday. "The other two items on our checklist — the Federal Reserve adopting a more dovish stance and the 10-year Treasury yield falling below 4% without economic recession data — have yet to be realized."