Wall Street is growing more bullish on the market as UBS raises its target on the S&P 500 (^GSPC) to 5,600 from 5,400.

Yahoo Finance's Josh Schafer breaks down what this projection could signal for the health of the economy as a whole.

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

This post was written by Melanie Riehl