Will the Stock Market Rally Continue?

Mike Wilson, Morgan Stanley's CIO and Chief U.S. Equity Strategist, discusses the current market landscape, focusing on the preliminary U.S.-China trade deal and its implications for equities. He highlights upcoming events such as the Federal Reserve meeting, where a 25 basis point rate cut is expected, along with potential announcements regarding quantitative tightening. Wilson also addresses the recent decline in earnings revision breadth, particularly with hyperscalers reporting this week, and maintains a bullish 12-month outlook for U.S. stocks despite near-term uncertainties.