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Morgan Stanley’s chief US equity strategist, Mike Wilson, forecasts a moderate stock market correction in Q3 due to tariff impacts. He views this as a short-term setback in an otherwise bullish market.
- Tariffs may drive a 5-7% stock correction in Q3, with some companies facing steeper declines.
- Wilson views the pullback as a temporary risk, with 2026 earnings growth looking stronger.
- The current market phase resembles the start of a bull market, offering buying opportunities despite volatility.
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