Morgan Stanley's Mike Wilson: A weaker dollar is an under-appreciated tailwind for stocks
CNBC Televisionยท2025-07-09 19:24
Mike Wilson is CIO and chief US equity strategist at Morgan Stanley. And Mike, actually this was something Dan Niles brought up last hour too, Visav Apple, which has been lagging. You would think like a 10ish% drop in the dollar during the quarter should help its results, but obviously AI is a bigger question mark.Yeah, I think for the multinationals, there's no doubt that a weaker dollar, I think, is part of the story for for why revision factors have continued to move even faster recovery than we'd expect ...