On November 5th, Mike Wilson, chief US equity strategist at Morgan Stanley, said that as the US Presidential Election comes to an end and FOMO sentiment begins to emerge at the end of the year, investors are beginning to relax their vigilance, and the S & P 500 Index (SPX) may continue to climb to the final stage of 2024. It is not impossible to rise another 5% on this basis. "I think in some kind of liquidation event, the S & P 500 could be at 6,000, and there won't be a lot of panic, and people feel good about things," he said in an interview on Monday. That would put stocks up nearly 5 per cent from Friday's close of 5,728. Mr. Wilson then added that the S & P 500 could rise to 6,100 by the end of the year, but would not exceed that level "under any circumstances" in 2025 because valuations were too high and economic growth was unlikely to accelerate enough to push valuations higher. (Jin Ten)