Morgan Stanley Sounds Alarm For Markets In 2025: ‘S&P 500 Is Extremely Expensive’ – SPDR S&P 500 (ARCA:SPY)
Morgan Stanley is raising red flags about U.S. equity markets heading into 2025. Sky-high valuations could set the stage for a turbulent year, according to Mike Wilson, the bank’s chief U.S. equity strategist. The S&P 500 is “extremely expensive” and investors should brace for lower multiples and more challenging conditions after 2024’s rally, he says…