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S&P 500 shows volatility, impacted by carry trade and economic data. Morgan Stanley's Mike Wilson warns of deteriorating fundamentals since April. Investor confidence fragile post Fed's steady interest rates amid job market signs. Wilson prefers defensive stocks like Public Service Enterprise Group amid market weakness.
- S&P 500 shows volatility, impacted by carry trade and economic data.
- Morgan Stanley's Mike Wilson warns of deteriorating fundamentals since April.
- Investor confidence fragile post Fed's steady interest rates amid job market signs.
- Wilson prefers defensive stocks like Public Service Enterprise Group amid market weakness.
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