Morgan Stanley’s chief investment officer Mike Wilson forecasts that the S&P 500 will continue its rally into 2025, driven by Fed rate cuts and strong corporate earnings. Wilson highlights improving earnings revisions breadth as a key indicator of sustained growth. Investors remain optimistic as geopolitical risks decline and liquidity increases.
- Mike Wilson expects the S&P 500 rally to persist into 2025, fueled by Fed rate cuts and earnings growth.
- Earnings revisions breadth has surged from -25% in April to -5%, signaling stronger future EPS performance.
- Declining geopolitical risks and expanding liquidity bolster Wilson's bullish 6–12-month market outlook.
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