Morgan Stanley Just Doubled Down on Its Bullish Bet on the S&P
- Chief equity strategist reiterates call for 2,700 by year end
- Price-to-earnings ratio to move higher, Michael Wilson says
Two Must-See Charts on Earnings and Bank Stocks
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There’s juice in the equity rally yet.
A second-quarter earnings season that’s set to beat the consensus and reinvigorated faith in the Trump Administration’s policy objectives will spur the S&P 500 Index about 10 percent higher to a record 2,700 by the end of the year, according to Morgan Stanley Chief Equity Strategist Michael Wilson.