Morgan Stanley CIO Mike Wilson Says One Factor Could Pose Massive Risk to Stocks – And It’s Not the Iran Conflict
Morgan Stanley’s chief investment officer (CIO) and chief US equity strategist, Mike Wilson, is warning of one factor that could have a bearish impact on stocks. In a new CNBC interview, Wilson says his biggest worry for the stock market currently is increased volatility in bond prices. “The bigger issue, the bigger risk, if there is one right now, would be a bond volatility were to pick up again, which is probably more a reflection of the conflict in Iran or some other external event. And oil, private credit, you know, start percolating in the negative side. Something like that, I think, would be much more of a headwind for equity multiples than just a level of rates.” Wilson says a rise in bond volatility worries him because it reduces market liquidity. “And that really is a bigger driver for asset prices now if we’re to go through [the yield on the 10-year treasury bond climbing above
Source: https://dailyhodl.com/2026/05/01/morgan-stanley-cio-mike-wilson-says-one-factor-could-pose-massive-risk-to-stocks-and-its-not-the-iran-conflict/
