Stocks To Tank In Q3? 🚀😱

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Oh joy, the stock market is going to have a bit of a wobble in Q3, according to Mike Wilson, Morgan Stanley’s chief US equity strategist. Because what’s a bull market without a few tantrums, right? 🐂

Wilson was on Bloomberg Television, spouting off about how Q3 is going to be the “quarter of risk” – because who doesn’t love a good risk, am I right? 🤔

“We’re saying the third quarter is probably the quarter of risk, where you’ll see some of this flow through to the cost of goods sold. I don’t think this is a massive correction. It’s a 5-7% correction. For some companies, it could be bigger, but this is the quarter of risk where the tariffs will start to hit, but the markets are already thinking about this as a temporary impact. And ’26 now, on an earnings growth standpoint, is looking better.”

Translation: “It’s going to be a bit bumpy, but don’t worry, it’s just a minor detour on the road to riches!” 🚗

Wilson is hoping the market will have a little freakout, just so he can swoop in and buy some bargains. Because, you know, that’s exactly what you want – a market that’s a bit of a drama queen 👸.

“This is what the beginning of a new bull market looks like, right? It’s just explosive. It doesn’t let people in. The rate of change is accelerating beyond what you expected. I think the pullback’s going to be short and shallow, maybe there will be another surprise, another test of some kind, that will cause something more severe. But I really can’t see more than a 5 or 10% correction given what I see now in the landscape.” 

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2025-07-18 23:12