Morgan Stanley's Mike Wilson Talks Magnificent Seven Minus Three

Mike Wilson, Morgan Stanley Chief US Equity Strategist and Chief Investment Officer, discusses themes for the markets in 2024, constraints on regional banks, and reducing the Magnificent Seven to the Magnificent Four. He explores valuations, the impact of banking constraints on credit growth, and the importance of understanding the macro framework in portfolio construction. Additionally, he explores the potential impact of early AI adopters on industries and the role of active managers in finding profitable opportunities.