Let's take a peek at expectations for 2025 😳
Just as everyone shifts focus toward 2024 🤔
Stocks are discounting mechanisms — i.e., they price in expectations for the future.
On Monday, Morgan Stanley’s Michael Wilson published his cautious 2024 target for the S&P 500, which included a rosier view on 2025. Here’s a summary of his forecast from his new 55-page research note:
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