Morgan Stanley’s top US stock expert, Mike Wilson, is predicting good things for the stock market. He thinks the S&P 500 will keep going up this year, especially with a brighter outlook for 2026.
A Bullish Outlook for 2026
In a recent CNBC interview, Wilson stated that the S&P 500 could climb over 860 points from its current level. He explained that their “bull case” target is 7,200, and recent market performance is making them more confident in that prediction. Wilson believes the market initially struggled, but now things are looking up, leading to a positive earnings outlook for 2026.
Navigating Market Uncertainty
Wilson acknowledges that President Trump’s trade policies, specifically tariffs, will have an impact. However, he believes the market has already mostly factored these effects in. He suggests there might be a temporary slowdown later this year before the upward trend resumes. He cautions that the market may be getting ahead of itself, and a brief pause is possible.
Current Market Status and Disclaimer
As of Thursday’s close, the S&P 500 stood at 6,339 points. Remember, this is just one expert’s opinion. Always do your own research before making any investment decisions.