According to online reports, Morgan Stanley strategist Michael Wilson said that since the United States 'recent trade truce with some countries has reduced the possibility of a recession, investors should buy in the decline in U.S. stocks triggered by the downgrade of the U.S. credit rating last Friday. The strategist believes the stock market is more likely to fall back after Moody's downgraded the U.S. and pushed the 10-year Treasury yield above the key level of 4.5%. However, Wilson wrote in a report: We will be buyers of this decline. Wilson said one encouraging sign is that corporate earnings season appears to be over and uncertainty about tariffs has not had a significant impact. He said that even if trade data weakens slightly in the coming months, the recent correction in corporate profits signals further gains in the stock market. (Jin Shi)