Morgan Stanley Highlights Resilient Stocks Amid Trade and Crypto Developments
Despite recent tariff headlines, Morgan Stanley suggests stocks should remain resilient, citing historical data showing markets often outperform T-bills during record highs and highlighting that tariff fears may be overblown due to exemptions and the taco trade. The main risks involve tariffs on China and Mexico, especially affecting semiconductor industries, but recent earnings revisions and tax law changes support continued market strength.