Surveillance: Stock Breakdown with Wilson
Bloomberg Surveillance
Mike Wilson of Morgan Stanley warns of building risks in consumer stocks
Mike Wilson, from Morgan Stanley, has been warning about the increasing risks in consumer stocks. He highlights slowing consumer spend, rising student loan repayments, higher gas prices, and weakening data in the housing sector as threats. Despite initial pushback, more people are starting to listen and agree with his concerns. Wilson reminds investors that we are in a late cycle environment, where uncertainty is high. He dismisses the idea of a recession earlier this year and questions the belief in a soft landing with re-acceleration in the coming year.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
