Morgan Stanley's Wilson: Oil price surge is the biggest risk to US stocks
MS Morgan Stanley
$214.20 +3.25%
View chart & analysis → - 1Morgan Stanley's Michael Wilson diagnosed that another surge in oil prices is the biggest risk to US equities.
- 2Brent crude has risen about 30% since early July, trading near $93 per barrel, and he recommended hedging energy stocks.
- 3He noted that further gains would push rates higher and force the Fed to respond, but market anxiety would precede that.
This 3-line summary is compiled from the report below.
Bloomberg View original ↗
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