How Greenland could turn into a Big Tech problem, according to Morgan Stanley’s Mike Wilson

The U.S.-Europe spat over Greenland may have not been on many investor bingo cards for this year, but here we are. Wall Street looks ready to sell stocks now and ask questions later.

Treasury Secretary Scott Bessent is telling the world not to give into hysteria but cooler heads are not at the moment prevailing. Citing potential earnings fallout,

Citigroup downgraded European equities — an outperformer over the U.S. in 2025 — for the first time in a year.