23.11.2024 17:11:00
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A Wall Street Analyst Who Correctly Predicted the Stock Market Collapse in 2022 Has a New Price Target for the S&P 500 Index -- and It May Surprise You
The stock market has been on a tear for the last two years. The benchmark S&P 500 (SNPINDEX: ^GSPC) index is up 24% this year and nearly 50% over the last two years (as of Nov. 20). Given this incredible run and the lofty valuations that come with it, many believe the current bull market has run its course and is due for a correction.But a team of strategists at Morgan Stanley, who recently published a report with a new price target for the S&P 500 in 2025, has an outlook that may surprise you.The team at Morgan Stanley is led by Mike Wilson, who is known for predicting the previous bear market. Wilson has been one of the most talked-about market strategists in recent years.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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