'This is not the end of the world': One of Wall Street's biggest bears says stocks will sputter this year but soar to record highs in 2024

• One of Wall Street's biggest bears believes the stock market could surge to record highs in 2024.
• Morgan Stanley's Mike Wilson told CNBC on Tuesday that the stock market will survive its current earnings recession.
• "This is not the end of the world. This is not 2008. There's not going to be a financial crisis," Wilson said.

One of Wall Street's most vocal bears expects the stock market to fully recover its losses and trade to record highs in 2024.

"This is not the end of the world. This is not 2008. There's not going to be a financial crisis," Morgan Stanley's Mike Wilson told CNBC on Tuesday.