Morgan Stanley's chief equity strategist Michael Wilson just dropped his outlook for the S&P 500 — expecting a solid 16% climb through next year. Pretty bullish call from a strategist who's been known for his cautious stance in recent cycles. Wall Street heavyweights are lining up their forecasts, and this one's definitely leaning optimistic on equities heading into the new year.
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Morgan Stanley's chief equity strategist Michael Wilson just dropped his outlook for the S&P 500 — expecting a solid 16% climb through next year. Pretty bullish call from a strategist who's been known for his cautious stance in recent cycles. Wall Street heavyweights are lining up their forecasts, and this one's definitely leaning optimistic on equities heading into the new year.