Morgan Stanley's Mike Wilson Is Sticking With Boom-Bust Market Scenario

The video discusses the dynamics of economic cycles, focusing on the recent hot and short cycle. It explores the potential for a recession, with predictions extending into 2024. The boom-bust cycle thesis is revisited, supported by historical data. The discussion highlights the unprecedented fiscal policies and their implications on the market, emphasizing the need for selective investment strategies.

What concerns did Mike express about the market back in January?

How does Mike describe the current state of growth and recession risks?

What fiscal impulse did Mike mention, and why was it significant?

What is Mike's perspective on the boom-bust thesis?

What advice does Mike give regarding stock purchases at this stage?