From Investing.com: 2024-11-21 05:46:21

Morgan Stanley CEO Ted Pick expresses optimism for the US stock market in 2025, citing strong consumer and corporate sectors. The S&P 500 and Dow Jones rose over 24% and 15% respectively in 2024. Pick anticipates continued growth, especially in financials and industrials, despite potential setbacks. He praises the Federal Reserve’s cautious monetary policy.

However, Pick warns of potential risks under the new Trump administration, including the threat of a trade war and underlying inflationary pressures. President-elect Donald Trump’s proposed tariffs could hinder US economic growth in 2026, according to Morgan Stanley’s chief economist. Pick also highlights China’s economic challenges, such as deflation and weak consumer confidence.

Despite obstacles, Pick emphasizes the shared motivation between the US and China to pursue growth-oriented solutions. Measures like reduced mortgage and interest rates in China aim to stimulate the economy. Pick believes both nations are committed to finding mutually beneficial solutions for economic growth.



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