Market Extra: ‘I did not expect us to be at all-time highs by April’, says Morgan Stanley’s Wilson as stock market pops

Stocks in 2019 have thus far befuddled Michael Wilson.

The star Morgan Stanley strategist who accurately predicted the 2018 correction appeared to be adopting a more bullish tilt as his calls for a “rolling-bear market” this year have so far failed to pan out.

“I did not expect us to be at all time highs by April,” Wilson, the firm’s chief U.S. equity strategist, told CNBC during a Tuesday afternoon interview as the S&P 500 index SPX, +0.89% and the Nasdaq Composite Index COMP, +1.37% both punched above their closing highs in intraday action, and the Dow Jones Industrial DJIA, +0.49% wasn’t far behind.

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