Morgan Stanley strategist Mike Wilson has spent the past few weeks defending his bull target for the S&P 500 to hit 7200 points by the middle of the next calendar year. That suggests this startling rally can surge a further 21 per cent from its current level.
Sounds pretty fantastic, right?
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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
