Mike Wilson: Earnings Cycle Still Running Short and Hot

This podcast episode examines Morgan Stanley's prediction of a brief but intense economic growth and inflation cycle, followed by an earnings decline in 2023 but rebounding in 2024 and 2025. It draws parallels to the post-WWII period, emphasizing the positive correlation between stocks and the rate of change in inflation. It also cautions against overestimating the impact of AI on overall earnings.