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Michael Wilson Says Oil Fell Sharply Amid Hopes for Iran Progress

He also described the market correction as closer to its end.

An anonymous strategist stands beside a weathered steel oil barrel / TokenPost.ai
An anonymous strategist stands beside a weathered steel oil barrel / TokenPost.ai

Michael Wilson, Morgan Stanley’s chief investment officer and chief U.S. equity strategist, described a sharp oil decline amid hopes for progress with Iran and said the market correction was closer to its end.

Wilson had previously outlined a similar view of the correction in earlier market commentary.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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