Market is signaling that 2021 economic recovery will be ‘pretty darn good,’ Morgan Stanley investment chief says

Market is signaling that 2021 economic recovery will be ‘pretty darn good,’ Morgan Stanley investment chief says

Mike Wilson told CNBC that the stock market is signaling a "pretty darn good" economic recovery in 2021. 

The Morgan Stanley chief US equity strategist said that how the economy gets to this recovery is irrelevant. 

Wilson recommended investors buy companies that have been victims of the pandemic because those will have the most operating leverage upside in this recovery.

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Morgan Stanley's Mike Wilson told CNBC on Tuesday that the stock market is "one of the best leading indicators out there," and that it's signaling an economic recovery in 2021. 

"The market is telling us, in no uncertain terms, that 2021 is going to be pretty darn good from a recovery standpoint," the chief US equity strategist said. How the economy gets to this recovery, whether from