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Mike Wilson Foresees Continued Growth in S&P 500 and Cryptocurrencies
Mike Wilson Foresees Continued Growth in S&P 500 and Cryptocurrencies
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BTCCSquare news:
Morgan Stanley’s Chief Investment Officer Mike Wilson projects an 860-point rise in the S&P 500 by year-end, citing favorable earnings expectations for 2026. The market’s resilience, particularly in the second half of the year, has surpassed earlier forecasts.
Trade policies under the Trump administration have been largely absorbed by markets, though Wilson anticipates a potential pause later in 2024. His analysis underscores a broader Optimism in risk assets, including cryptocurrencies, as institutional confidence grows.
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