Top strategist sees stocks entering 2025 in record territory due to three key factors. Firstly, equities may have already priced in more Federal Reserve interest rate cuts, reducing the likelihood of further market volatility. Secondly, the current rebound from a mid-April trough has been sharp, with the S&P 500 nearing record highs. However, as summer approaches, investors and analysts are questioning whether the market’s strength can be sustained. With a marketWatch subscription, get in-depth analysis and stay ahead of the curve.
Source: https://www.marketwatch.com/story/the-stock-market-is-hitting-records-three-reasons-why-top-morgan-stanley-strategist-sees-more-room-to-run-33892ee8