The central bank should lower interest rates over the next six to 12 months, he said.
“The Fed should be done," the strategist said.
Strategist Mike Wilson recently said that the rout in U.S. stocks has left them more fairly priced,
Even safer plays aren't especially attractive, said the Oaktree Capital co-founder.
The company is under pressure from investors to address climate change and weak corporate returns.
Morgan Stanley's Mike Wilson says rising bond yields are being overlooked.
“We underperformed, we know what we have to do, and we’re doing it,” he maintains.
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