Morgan Stanley's Wilson: We're In New Economic, Earnings Cycle

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Morgan Stanley's Mike Wilson predicts a new economic and earnings cycle, citing broadening of the US economy and market, with a year-end S&P 500 target of 7,800.

Market Impact

Market impact analysis based on bullish sentiment with 85% confidence.

Sentiment
Bullish
AI Confidence
85%
Time Horizon
Short Term

Article Context

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Mike Wilson, Chief US Equity Strategist and Chief Investment Officer for Morgan Stanley, joins Bloomberg Businessweek Daily to discuss his 2026 market outlook, saying that market broadening is happening now as the US economy and market begins a new cycle. "There have been many parts of the economy that have been sort of mired in a recession for the last three years or so, and they're just now starting to emerge," Wilson says. "That broadening out is the real story." Wilson also reiterates his 7,800 S&P 500 year-end target. Wilson speaks with Carol Massar, Tim Stenovec, and Bloomberg News Equities Reporter Alexandra Semenova. (Source: Bloomberg)

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Original article published by Bloomberg on February 19, 2026.
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