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Fortune
Fortune
Eleanor Pringle

Morgan Stanley's Mike Wilson says the stock market 'pivot rally' may go even higher

Mike Wilson, chief U.S. equity strategist at Morgan Stanley. (Credit: Christopher Goodney/Bloomberg via Getty Images)

The stock market is blooming against all odds, as it faces Fed rate hikes, geopolitical tensions and a slowdown in consumer spending.

But indexes are rallying—and Wall Street can't quite believe it.

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