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Wall Street’s Panic Button Got a Workout, But Morgan Stanley Says Chill Out
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Wall Street’s Panic Button Got a Workout, But Morgan Stanley Says Chill Out
So the stock market had a bit of a meltdown last Friday. The S&P 500 took its biggest single-day nosedive of 2026, and the Nasdaq capped off its worst week since the whole “Liberation Day tariff” chaos. Chip stocks got absolutely hammered—the semiconductor ETF saw its worst day since March 2020. Ouch. But here’s where it gets interesting: Morgan Stanley’s Chief Investment Officer Michael Wilson is basically saying, “Yeah, that was rough, but act…
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