Morgan Stanley and Fundstrat dey highlight limited S&P 500 upside, Bitcoin as key indicator for market trends

Recent analyses from Morgan Stanley and Fundstrat dey show say dem dey increasingly cautious about S&P 500 chance to gain more, as both of dem dey expect say volatility go increase plus market fit pause or fall for the next few months. Morgan Stanley Andrew Slimmon talk sey after two years wey market perform well, S&P 500 go get small room to grow in 2025 as earnings forecast dey soften, and no much progress go happen before Q4. Fundstrat Tom Lee also talk say investors still dey skeptical even though equities don bounce back strong and e resemble past “most hated” rallies, where pessimism usually happen before new highs. Lee also point out sey Bitcoin recent record price moves dey very important indicator for equities and global risk appetite, showing sey when crypto markets dey rise, e dey often mean liquidity dey increase and people dey more optimistic. Crypto traders suppose dey watch how investors dey feel, how S&P 500 perform and how Bitcoin price dey trend as these things fit affect how capital dey flow and risk appetite for both traditional and digital asset markets.