Mike Wilson & David Zervos Discuss the State of the Stock Market | iConnections Global Alts 2024

SoFi's Liz Young speaks with Mike Wilson of Morgan Stanley and David Zervos of Jefferies at the 2024 iConnections Global Alts Conference.
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[@Jersderakerguoe]

I started buying some more stocks at the beginning of the year, but nothing big. Why am I treating this so harshly? I still want to be the first person in my polygamous family to make a million dollars despite the fact that others in my field make six figures per person. I am well aware of the costs associated with working more to get more money.

[@Stellaanderson-qx5nl]

If the market has taught me anything, it's that it usually makes a comeback, but I can't seem to concentrate on the long term, especially because important things like my retirement and my reserve are having a disastrous impact on inflation. I need a solution and a data trajectory that I can trust as soon as it is practicable.

[@RaymondKeen.]

Currently, the best market strategy is to work with a credible investing coach. Since a while ago, I've been in touch with a coach, mostly because I lack the depth of understanding and mental toughness to deal with the ongoing market conditions. You lack the information necessary to succeed in a competitive market, not because you're doing anything wrong, but rather because of your lack of experience.

[@ScottKindle-bk3hx]

Due to the significant falls, I need advice on how to rebuild my portfolio and develop more successful tactics. Where can I find this teacher?

[@RaymondKeen.]

Finding financial advisors like Margaret Johnson Arndt who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

[@Derawhitney]

Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.

[@cheersmodreams691]

Great commentary. Hats off to Liz Young as moderator; great questions. And I love the hat - a crowned J - the Jay Powell Fed of Monetary Kings.

[@ParklandFloridaHomes]

The hat is stupid and childish. Why would anyone trust their money with that guy.

[@ericmodernel9205]

True these ass holes think very high of themselves. Mike is a clown always wrong@@ParklandFloridaHomes

[@BD-me4nk]

​@ParklandFloridaHomes He could be dressed like a homeless person if his proven track record was solid

[@commycomentor9695]

MW choking on crow listening to the bulls on parade 😂

[@thisguy73]

he was fired friday

[@user-zc8rh8px5g]

Munger and Buffett have both achieved an incredible feat with Berkshire. They've turned thousands to billions, and have made a lot of people wealthy in the process. I really saw the potential of the stock market by reading Berkshire's annual letters. I recently sold my $674k apartment in the Bel Air area and I'm hoping to throw it into the stock market. I just don't want to lose everything.

[@user-ju1ye8qo4q]

1 month agoMost people either do not understand the power of compound interest, or are just impatient. For the average Joe, however, I think it is just best to invest in the S&P 500, and just wait, which is reliable, albeit extremely long-- lots of years. Or just use a professional analyst and speed up wealth creation. Most people underestimate the power of the latter.

[@user-kx6gy8lm5u]

@@user-ju1ye8qo4q 1 month agoI agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000

[@user-xd3rn5yg1j]

@@user-kx6gy8lm5u 1 month agoI'm actually interested in this idea of investing through an analyst. Sounds like the most sensible thing to do in the market right now. Could you give me a pointer to who you work with, please?

[@user-kx6gy8lm5u]

@@user-xd3rn5yg1j 1 month agoI personally work with Leicia Zavala Perkins she covers things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk. many things like that. Just take a look at her full name on the internet. She is well known so it shouldn't be hard to find her.

[@user-xd3rn5yg1j]

@@user-kx6gy8lm5u 1 month agoThank you. I just checked her out now and I've sent an email. I hope she gets back to me soon. I've been thinking of doing this for a long time now, and I've procrastinated enough already.

[@annL5251]

Two market greats and a great interview.

[@martinreilly41]

Great Interview!

[@sanesanyo]

Mike Wilson has done a 180 degree 😂😂

[@ocvegasproperty]

Yeah, he choked last year big time.

[@RWROW]

Think I'll wait till the end of 2024 before evaluating which Mike is right. I wonder if his negativity cost his company clients and he was told to tone it down.

[@ocvegasproperty]

@@RWROW I think being completely wrong cost him clients and credibility.

[@thisguy73]

he was fired friday

[@ocvegasproperty]

@@thisguy73 wow, you’re right. Well, I feel for him but a performance like that at a firm like that, it’s expected.

[@Alejandracamacho357]

Stocks extended their year-to-date rally following the CPI report, with the S&P 500 last up 0.8% in afternoon trading. but I don't know if stocks will quickly rebound, continue to pull back or move sideways for a few weeks, or if conditions will rapidly deteriorate.I am under pressure to grow my reserve of $250k.

[@Natalieneptune469]

I completely understand your concerns. Navigating market uncertainties can be challenging, thats whys consulting with a financial advisor could provide personalized insights based on your specific situation.

[@kurttSchuster]

Certainly, I've been consulting with a certified advisor since the covid-19 outbreak and after subsequent investments at 10% monthly ROI, I'd say my portfolio is just a bit shy of a million dollar.

[@Alejandracamacho357]

could you be kind enough with details of your advsor please?

[@kurttSchuster]

I get guidance from Natalie Ann Brinkman. Most likely, the internet should have her basic info

[@Alejandracamacho357]

Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.

[@lawerencemiller9720]

Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging.

[@alexyoung3126]

the strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off.

[@johnlennon232]

I agree. Based on personal experience working with an investment advisor, I currently have $1m in a well-diversified portfolio that has experienced exponential growth. It's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.

[@jessicamoore3093]

How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?.

[@johnlennon232]

Credits to 'Natalie Marie Tuttle' she has a web presence, so you can simply

[@jessicamoore3093]

She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

[@Eric_moore484]

U.S. stock futures rose last Tuesday as equities were buoyed by a sharp decline in bond yields, while earnings from some of the largest technology companies loomed in economic data. renewed buying strength in markets in September and October. I want to invest more than $300k, but I'm not sure on how to mitigate risk.

[@pineedbydmoon]

Predicting short-term market movements is extremely difficult in reality. It also essentially requires the investor to be right twice: they must perfectly time both their entrance to and exit from the market.

[@Eric_Dennis]

Incredible! Could you provide additional details or insights into how you acquired such world-class expertise and share any guidance on reaching out to the mentioned individual?

[@JacobPaula]

I just looked her up on the internet and found her webpage with her credentials. I wrote her a outlining my financial objectives and planned a call with her

[@SMTraz]

FYI - Mike Wilson just got demoted at Morgan Stanley. I guess he has been wrong for too long. LOL!

[@asub_1773]

yea - this talk is absolute b-s ! Cant believe ppl prasing it

[@trave7644]

@@asub_1773 Why would anyone want to listen to these crooks! they want to run their active funds and make money.

[@blackstreet221]

hidden gems thank you

[@tipusultan531]

Every week I buy more of whatever is the lowest percentage of my portfolio and try to keep everything around 10%. Please what could be my safest buys with $400k to outperform the market in 2024?

[@mariabrandon-6064]

Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.

[@crickethighlights6453]

I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000

[@JoseLuis-zn5tb]

Please will you be kind enough to share the details of the man that helped you?

[@crickethighlights6453]

Actually its a Lady. Yes my go to person is a 'MARY KALIOPE BRAUN'. So easy and compassionate Lady. You should take a look at her work.

[@JoseLuis-zn5tb]

Thank you for sharing. it was easy to find her, then I scheduled a phone call with her. She seems proficient considering her résumé.

[@jays9870]

Fantastic discussion, this one needs a major boost, it is a real keeper! Well done EY and Team RR

[@994pt4]

Doom and gloom doesn't work anymore...THE FED HAS OUR BACK! I buy ES futes on the dip everyday and make money. On big red days like yesterday I load up on calls. HUGE DAY TODAY....thanks again JDADDY for FREE MONEY!!!

[@edgardoberlioz2168]

MW isn’t perfect but I respect his microscopic analysis

[@jhull5870]

Mike" Boy, did I get the market wrong in 2023" Wilson. He sounds very credible but I feel he has lost some credibilty. Have to laugh at Mike saying " forecasting is a tough game, just Yogi Berra." Should have said just ask me.

[@keto6789]

I'll add more to msft googl nvda etc if they fall and just hold and think out 5 years .

[@stevenot8382]

Mike, you should apologize for so many bad calls in 2023. My dog portfolio has outperformed yours.

[@trave7644]

Yes yes! He was so wrong, and such an idiot! we made so much money in passive investing!

[@HM-gp6qh]

Mike Wilson.👍🏻 Love this guy. So much integrity! God bless him.

[@trave7644]

He is fired! A clown!

[@rollswrangler]

A year age federal net interest was in the $400 billion range. Now it is $745 billion increasing about $570 million per day, offsetting a current rise in income tax collections. Net interest hits $1 trillion within a year, added to this year's $1.9 trillion deficit. $213 trillion federal unfunded liabilities are increasing $29 billion per day. Unfunded liabilities are the conveyor belt that turns into funded liabilities as new debt is issued. Congress thinks: "no worries, we can spend all we want through the next ice age". All it will take is a five minute delay when the line of mullets at the Fed auction window evaporates. It, alone, has the power to say: "No!". Lesson for federal student loans: "You signed a note. Pay it back!". Lesson for the US Congress: Ditto.

[@Chris-kt3ok]

We know the future cost of money when you know the future of interest rates. High volatility but high upside potential!

[@edgardoberlioz2168]

Excellent Objective Perspective what about the massive hemorrhaging massive debt

[@edgardoberlioz2168]

7 trillion on balance sheet on federal reserve they can’t pump the balance sheet to 15 trillion

[@edgardoberlioz2168]

Can’t insert Fed Put America 🇺🇸 is hemorrhaging until the government slaves expenditures

[@edgardoberlioz2168]

How about fiscal deficits and regulations

[@ericmodernel9205]

What Liz has to Ask --why does Wall Street and the Banks hate NOTO and the Stock?

[@austinbar]

Concluding 2023 with a 20% decline in the S&P 500, long-term investors find a promising entry into 2024. Noteworthy ETFs include: $VOO for S&P 500, $VTI for total US market, $QQQ for tech growth, and $SCHD for growth with dividends. Calculating my annual dividends, I'm thankful for $167k-attributing it to discipline and focus.

[@eloign7147]

In the past month, my "unexciting" index funds provided me with over $6,000 in dividends, giving me the option to spend without selling shares. Currently, I've opted to reinvest the dividends to acquire additional index funds for future growth.

[@FabioOdelega876]

Seeking advice on dependable monthly investment options. My goal is to eventually enhance my work income with consistent monthly returns from investments, alongside my long-term investment strategy, for a supplementary monthly income.

[@joshbarney114]

I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.

[@rogerwheelers4322]

I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?

[@joshbarney114]

Finding financial advisors like Colleen Janie Towe who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

[@stevenot8382]

Mike, now it's early to make a guess. Maybe you should have been there in 2023

[@klovacka]

WILSON SHOULD BE HIDING HIS SHAMEFUL FACE AFTER BEING SO HORRIBILY WRONG FOR SO DAMM LONG. THIS GUY WILL GO DOWN AS THE WORST EQUITY STRATEGIST IN WALL STREETS HISTORY EVER !

[@harlyslamm2888]

They finally got rid of Wilson after his disastrous market calls

[@aaronb8698]

the econamy is sound and reliant but banking is not sound and resilant, and jobs report is unquestionably accurate so were all good! lol brilliant

[@qualquan]

Those who tell don't know. Those who know don't tell.

[@vijjreddy]

4800 ON MARCH 1ST 2022 AND 4800 ON SAY LAST OF WEEK OF JANUARY 2024 - IS NOT ONE AND THE SAME... WE HAD 8% INFLATION FOR AN YEAR, AT LEAST 5% FOR THE NEXT 12 MONTHS... SO THE SECOND 4800 SHOULD BE TAKEN AT LESS 13%...

[@bradreid6057]

Liz Young is a superb interviewer and it really makes a difference regarding how many "nuggets" are extracted from guests. I thought Mike Wilson and David Zervos added some real value. Mike seems correct about the inevitability of so many stocks failing owing to no real prospects to make $$s without a heck of a lot of Fed financial support; and, David's ideas about how the Fed is now seeing interest rates (normalized is okay, bigger balance sheet okay) was thought-provoking. ***I'd only add that was it the Fed raising rates or was it really just letting the markets sort things out that has worked over the past 2 years? If only we now move forward with the Fed not bailing out markets, let markets set interest rates. Alas, just a dream.

[@RWROW]

All the "Fed put" is likely to accomplish is to delay the worst recession that Jim Rogers expects in his lifetime. Pouring debt into consumer purchases and poorly run companies and government expenditure will eventually create big issues for lenders, borrowers and tax payers.

[@saedal-tamimi6053]

Neither one knows what the hell is happening

[@timk2896]

Mike Wilson has lost all credibility. His outlooks change like the wind, and he doesn’t even acknowledge or speak to those changes. Sounds intelligent, so I’m sure it’s posturing for his own gain

[@LevelofClarity]

Mike writes a newsletter and does regular interviews where he discusses calls he has made along with his current take. He nailed multiple tops and bottoms over the last few years. He got the rally at the end of last year wrong (and the year as a whole) but his short term analysis is actually pretty damn good many times.

[@ExtraStout89]

but what if inflation comes back.....?

[@Bryan-od7nv]

The market is disconnected from reality. Eventually, the devil is going to answer that door. Until then, play the trend....

[@lebucheron9815]

Unshaved, yellow shirt, and a baseball cap : the stuff you see near market tops. 😆

[@hkraft4830]

Three Clowns

[@vijjreddy]

MIKE WILSON WAS WRONG ABOUT 2023, BUT I AM SURE HIS PREDICTION WOULD COME TRUE THIS YEAR... UNLESS FED UNLEASHES LIQUIDITY ONCE AGAIN

[@xyang17]

Lucky. because other countries used all their ammunition (stimulus) and is exporting deflation.

[@Yomamaissoo]

Wilson is fired 😂😂😂

[@trave7644]

Great! The pressure built up! Schadenfreude!

[@sins1367]

David makes a great point, but the inflation genie is not completely back in its bottle. Don't think the Fed can show up with its bazooka quite yet.

[@_example]

Here I have provided a summary for this video, Fed: Get used to the prices you are now paying... for everything. You peasants. Risk is on but you're poor, so get lost.

[@edgardoberlioz2168]

David loves to hear himself talk keeps regurgitating the same same thing

[@timwalter6795]

I'm thinking I can listen to this interview at least a couple more times and not be wasting my time.........

[@tbd1613]

Mike Wilson is the worst analyst out there. You listened to his advice you lost a ton of $$$. Morgan Stanley should have fired him. Totally useless. Tom Lee is the one that makes you $$$

[@jasonzola3590]

The fed put will work till it doesn’t

[@Vinnie-ng3zx643]

The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.

[@user-tb8kn3nh4e]

I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

[@user-tb8kn3nh4e]

Thanks for sharing, I just looked her up on the web and I leave her a message.

[@danpiedra9008]

lol look at the dude with the black golden goose on.

[@paulrobbo321]

All the Liz fanboys might slate MW but she was a bear all last year

[@chintanpatel5788]

Liz young is the hottest ticket 🎟️ in finance

[@nickcalla775]

Wow. Mw and the other guy got zero clue whats coming.. "the fed will just Prop up CRE , prop up this, prop up banks ! FED will triple their balance sheet and we are good!" ..inflation will magically disapear. We are in a major major Debt spiral

[@nope100]

This guy is clueless

[@user-lb3ij8dn6t]

Don't understand how he kept is job, been dead wrong the last 2 year and missing out big time

[@knomatik]

Mike’s disgust at his short sightedness and ignorance of history is palpable through this entire piece.

[@elmahfoudafgane766]

Mike Wilson is an …… he knew the market is a buy on October 13 2022 and on October 27 2023 , but he wanted to get Bears lose their money and make sure no retailers to buy the market on those dates , I never take his advices , I always do the opposite of what he says as well as cnbc

[@user-tc7ot8js2x]

Pretty sure he was among the small minority of bulls at 3500

[@LevelofClarity]

@@user-tc7ot8js2x You are correct. All these people hating on him have only seen bearish calls he made a couple times last year.

[@taniasingh6367]

Mike Wilson is the worst analyst on wall street

[@ericmiller4235]

Bullish commentary lol

[@edgardoberlioz2168]

MW is methodically scrupulous on Global Economics

[@jacknaneek1681]

Clown w hat reviews what everyone knows and just saw. Thanks dude. At least you’re dressed like a street person.

[@chattingwithshap8010]

These guys are laughable, especially Mike Wilson. If I was his client I’d be bashing myself over the head. They totally miss where the economy is going. Also, be a stock picker of great companies. I love when they say it’s a few stocks. Most of those stocks are well known and great companies. Huge economic moat - great products or services - used by millions of people.

[@trave7644]

Asking Mike Wilson what to do in the market is a such a joke!

[@JamesDell-ni9hp]

We need a republican in so we can buy the dip on their way out.

[@LevelofClarity]

😂

[@ericmodernel9205]

Hello LIZ what the hell is wrong with SOFI stock???

[@user-tc7ot8js2x]

Any form of association with Guy Adummy is poison to stock prices

[@jhull5870]

Along with Mike Wilson, Dan" What if "Nathan, Guy" Look, I've been wrong" Adami, Liz also was totally wrong asbout the market directioin in 2023.

[@WalayatFamily]

Mike perma fool Wilson

[@trave7644]

LMAO!