Did you know that the longest bull market in history lasted from 2009 to 2020, spanning over a decade of growth?

Achieving this bearish growth takes time and patience, which requires a more long-term perspective in investing.

In this edition, we bring you these three articles:

• Wall Street’s Biggest Bear Surrenders: First, we’ll discuss how Morgan Stanley’s renowned pessimist, Mike Wilson, has shifted his stance on the U.S. stock market 🐻

• One Less Bad Guy In The World: Next, an unexpected helicopter crash claims the lives of Iran’s President and Foreign Minister 🙏

• Who Gets The Credit? Finally, we’ll look at possible causes behind this incident 👀

Stay informed and ahead of the curve with our expert analyses and insights. Happy trading!

Wall Street’s Biggest Bear Surrenders 🐻

Morgan Stanley’s Equity Strategist, Mike Wilson, one of Wall Street’s most prominent pessimists, has dropped his bet against the U.S. stock market.

Morgan Stanley’s Michael Wilson boosted his 12-month S&P 500 target to 5,400, a 20% jump from his last forecast of 4,500, though it assumes the market will rise only 2% over the coming year.

His previous forecast implied that the S&P 500 would fall 15% by year-end 2024 📉

His change in outlook comes as the stock market continues to set record highs.

Wilson is by no means joining the bulls yet, but his latest forecast is a clear admission that severe doom and gloom is difficult to support ⛈️

One Less Bad Guy In The World 🙏

Iranian President Raisi went down in a helicopter crash over the weekend, along with the Foreign Minister.

The Supreme Leader of Iran, not the President, holds real power in Iran, so the likelihood that his death brings change to Iran’s Islamist Fascist system is low 👎

However, the Iranian regime is hated by society, and there is a small possibility that uprisings could shake the regime.

Don’t count on it, but it would certainly be a nice surprise.

The world and certainly the Middle East would be safer and more peaceful without Iran’s mullahs 🕊️

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Who Gets The Credit? 👀

As for the million dollar question, how did the helicopter crash happen, and what/who is responsible?

Despite the curious timing of these events, there are multiple possible reasons for the crash:

 1. Bad weather—this is what the Iranian regime claims.

 2. A poor-quality Russian chopper.

 3. Pilot error.

 4. Lots of Iranians hate their leaders.

 5. Lots of other countries hate this regime.

The crash could be a result of several of these at once.

Or Israel is also a possibility.

We may never know the full story 🤷🏻

Inner Circle Global Macro Update 🔍

If you wish to gain access to our Inner Circle Global Macro Update, packed with exclusive insights from award-winning portfolio manager and economist Seth Antiles, with secrets that’ll give you an edge in the stock market, be sure to upgrade by clicking the button below 👇️