Morgan Stanley strategist Michael Wilson, well known for his bearish views on US equities in recent years, has an outright bullish outlook for 2025.
The strategist expects the S&P 500 to end next year around the 6,500 level, up 11% from Friday’s close, with gains driven by improving economic growth and further Federal Reserve interest-rate cuts. He previouslyBloomberg Terminal had a target of 5,400 for the benchmark in mid-2025.