Long-time Wall Street bear Michael Wilson turns bullish on US Stocks

Morgan Stanley's Michael Wilson, a noted Wall Street bear, has turned bullish, forecasting the S&P 500 to rise 2% by June 2025, revising his target from 4,500 to 5,400 points. Wilson, whose bearish 2023 outlook missed the mark, now expects robust corporate earnings to drive stock growth. This shift marks a significant change, catapulting his forecast from one of the lowest to projecting a fresh record for the index.

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By Farah Elbahrawy

One of Wall Street's most prominent bears has just turned positive on the outlook for US stocks.

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