Morgan Stanley's Mike Wilson announced the end of a bear market following the stock market selloff in April, indicating the beginning of a new bull market. Despite potential volatility, investors should continue to buy the dips as the market is still early in its bullish phase. The S&P 500 fell nearly 20% at its April lows but has since risen 30%, with expectations of reaching 7,200 by mid-2026. Wilson views the current market behaviors as preferable to rapid increases observed previously.
The stock market selloff in April marked the end of a bear market, and Morgan Stanley's Mike Wilson states that a new bull market has started.
Wilson noted that any volatility and consolidation along the way are normal, and it's preferable to a market that goes straight up like in 2020.
Since the low in April, the S&P 500 has shot up 30%, hitting fresh records and is up almost 9% so far this year.
Wilson believes the S&P 500 could reach 7,200 by mid-2026, driven by strong earnings and AI advancements.
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