Morgan Stanley strategist Wilson warns that the US stock market is not yet completely safe.

Morgan Stanley strategists stated that confidence in the US stock market is improving, but investors should not let their guard down too early. The team led by Michael Wilson pointed out that four factors are needed to sustain a longer-lasting rebound, but progress has only been seen in two aspects: "optimism surrounding the US-China trade agreement and stabilizing profits," they wrote in their report on Monday. "The other two items on our list - the Federal Reserve adopting a more dovish stance and the yield on 10-year Treasury bonds falling below 4% without economic recession data - have not yet been achieved."