Morgan Stanley’s Mike Wilson says S&P 500 trough could be around 3,400

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Americans are showing heightened interest in learning more about the meaning of the economic term “trough” after Morgan Stanley’s chief investment officer Mike Wilson said, “The trough for the S&P 500 will be around 3,400 in a soft landing outcome.”

“In a recessionary outcome, we think it’d be closer to 3,000,” Wilson said in a CNBC interview on Friday. 



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