Morgan Stanley: Investor sentiment has reversed, and US stocks are expected to continue to break through.

Morgan Stanley's senior portfolio manager, Andrew Slimmon, believes that as investor sentiment reverses and strategies shift, the US stock market is expected to continue its upward breakthrough. The stock market rally is expanding, with the S&P 500 index approaching historical highs. Investor optimism has reached its highest level in two and a half years, while pessimism stands at 20.9%. Wall Street analysts are also optimistic about the stock market and the economy, predicting the arrival of another "roaring twenties". However, Morgan Stanley strategists have warned that despite the consensus shifting towards a soft landing, the US economy may still unexpectedly fall into recession in 2024.