Da Mo: Investors can buy US stocks on dips as Moody's downgrades US ratings

BlockBeats News: On May 19th, Morgan Stanley strategist Michael Wilson stated that due to the recent trade truce between the United States and some countries, which has reduced the possibility of an economic recession, investors should buy into the US stock market decline caused by last Friday's credit rating downgrade. The strategist believed that after Moody's downgraded the US rating and pushed the yield of 10-year treasury bond bonds above the key level of 4.5%, the stock market was more likely to fall back. However, Wilson wrote in a report, "We will be the buyers of this decline." Wilson said that an encouraging sign is that the corporate earnings season seems to have ended and the uncertainty of tariffs has not had a significant impact. He stated that even if trade data slightly weakens in the coming months, the recent increase in corporate profits indicates that the stock market will further rise. (Golden Ten)