"Mike Wilson's Stock-Market Playbook: Navigating Economic Scenarios and Top Stocks for 2024"

TL;DR Summary
Morgan Stanley strategist Mike Wilson believes that the recent rally in the stock market is reflective of a "soft landing" outcome, with interest rates and financial conditions driving the increase in stock prices. He outlines playbooks for three economic scenarios, including reacceleration in nominal growth and a potential hard landing. U.S. stock futures were lower, impacted by Boeing's misfortune, while key asset performances showed mixed results. Additionally, various corporate developments and upcoming economic news were highlighted, including the start of fourth-quarter earnings season and the New York Fed's survey on inflation expectations.
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