STOCKS | Morgan Stanley's Mike Wilson Predicts 14% S&P 500 Upside by Year-End

Morgan Stanley's Chief Investment Officer, Mike Wilson, forecasts a nearly 14% increase in the S&P 500 by the end of the year. According to NS3.AI, Wilson identifies key factors such as heightened capital expenditure in artificial intelligence and the onset of a new economic cycle that could benefit a wide range of sectors. He also points to the nomination of a new Federal Reserve chair and the strengthening of consumer goods, financials, and industrials as significant contributors to potential market growth.