Morgan Stanley’s Wilson Says Don’t Fight New Market Trends

The video discusses market trends, emphasizing the importance of consensus and the role of interest rates and fiscal support. It highlights the shift in demand trends and economic cycles, particularly in small caps. The momentum strategy is explored, focusing on trailing 12-month price momentum and its impact on market shifts. The discussion suggests that investors should anticipate changes in value and low-quality buckets, as these may become significant in the coming months.

What is the significance of the trailing 12-month price momentum according to the speaker?

What does the speaker suggest about the trends in small caps and cyclicals?