Michael Raines/Getty Images; Jenny Chang-Rodriguez/BI
- The US dollar is at multiyear highs as investors prepare for the possibility of more inflation.
- Morgan Stanley says the dollar strength will clearly separate the winners and losers of the upcoming earnings season.
- Stocks with high foreign sales exposure are most at risk of disappointing.
A soaring US dollar is likely to separate the winners from losers this upcoming earnings season, according to Morgan Stanley chief US equity strategist Mike Wilson.
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