Morgan Stanley’s Mike Wilson: We want rates to adjust based on economic outlook

Morgan Stanley’s Mike Wilson: We want rates to adjust based on economic outlook

Mike Wilson, chief investment officer and chief U.S. equity strategist at Morgan Stanley, says he believes rates will continue to rise. He says he likes areas that are favorable to the recovery such as banks, energy, and cyclical parts of technology like semiconductors. He joins ‘Closing Bell’ to discuss.

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