Morgan Stanley Chief Strategist: Harris's Victory May Lead to Disappointment on Wall Street

ChainCatcher news, Morgan Stanley's chief U.S. equity strategist Mike Wilson stated that while some believe a Trump victory would pose a negative factor for economic growth and the stock market, a Harris victory could lead to disappointment on Wall Street. Polls indicate that the likelihood of this scenario occurring is 50%. However, Wilson pointed out the risk of a market decline that could also come with a Trump victory. He said, "In certain market areas, if they are already overcrowded and pricing in upside potential, then the 'sell the news' phenomenon could make them vulnerable." (Jin Ten)