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Wall Street is warning us of an expected 18% drop sometime before November this year Morgan Stanley has a price target for the S&P 500 at $8,300, which is roughly 8% upside from here. Prediction markets on Kalshi have odds of that price target at roughly 12%. Studies show that 12 months after the midterms usually come strong gains, averaging 31%, according to Sequoia Financial. Which do you think is right, prediction markets or Morgan Stanley? I personally think we'll hit somewhere around $8,000, but let me know what you think. The more important observation, however, is what has historically tended to happen next. From the trough of the midterm-year correction, the S&P 500 has rallied an average of roughly 31% over the subsequent 12 months. That rebound has occurred in every one of the past 16 midterm cycles, with no negative outcomes over that forward period. So do you think that Morgan Stanley's price target is right or the collective wisdom of the crowds? I personally think we'll hit somewhere around $8,000, but let me know what you think.