US stocks that can withstand extreme tariff strain are on the rise, according to Morgan Stanley’s Mike Wilson. As President Trump’s surprise tariffs on Canada and Mexico spark concerns over trade wars, investors are seeking safe havens. The investment bank predicts a market shift toward service-based companies, including financials, software, media, entertainment, and consumer services.
The rotation is expected to leave consumer goods behind as companies with expertise in areas like technology, finance, and leisure seek higher returns amidst uncertainty. Investors can consider the Vanguard Financials ETF for exposure to these sectors.
Source: https://www.marketwatch.com/story/these-are-the-companies-that-can-withstand-extreme-tariff-strain-says-morgan-stanleys-mike-wilson-da6aed5f