Prominent Wall Street Bear Sees Stocks Booming in 2025

What You Need To Know

• Morgan Stanley strategist Michael Wilson expects the S&P 500 to end 2025 around 6,500, up 11% from Friday’s close.
• He sees gains driven by improving economic growth and further Fed interest-rate cuts.
• The bank expects the U.S. stock market to continue to outperform the rest of the world.