摩根士丹利：美国股票策略_策略数据包 -2025 年 7 月

July 3, 2025 09:21 PM GMT US Equity Strategy July 3, 2025 Strategy Data Pack – July 2025 Key Points: • Tougher 1H 2025, Better 2H 2025 and 2026 • Stocks will get in front of a Fed Policy shift. M O R G A N S T A N L E Y R E S E A R C H Michael Wilson Chief US Equity Strategist & CIO of Morgan Stanley M.Wilson@morganstanley.com +1 212 761-2532 Andrew Pauker Equity Strategist Andrew.Pauker@morganstanley.com +1 212 761-1328 Michelle M. Weaver, CFA US Thematic Strategist Michelle.M.Weaver@morganstanley.com +1 2 ...