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Morgan Stanley’s Mike Wilson highlights how a weakening US dollar is driving gains for multinational stocks. Other tailwinds, including easing tariffs and AI advancements, are also supporting market optimism.
- A weaker US dollar is boosting multinational stocks by improving their foreign revenue conversions.
- Easing tariff tensions and AI advancements are contributing to positive market sentiment.
- Falling oil prices may help mitigate inflation risks from tariffs in Q3, supporting consumer spending.
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