5 Top Strategists Discuss Near-term Outlook for S&P 500 and US Equities
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'The Price is Wrong': S&P 500 Could Drop to 3400 After Another Bear Market Rally Says Morgan Stanley's Wilson
May 16, 2022 6:53 AM EDTMorgan Stanleys top equity strategist Michael Wilson has once again reiterated his bearish stance in a note sent to clients over the weekend.
Wilson, who correctly predicted that US equities will tumble in response to Feds hawkish actions, is now saying that stocks have much further to fall. The strategist noted that investors are now realizing that the growth is slowing down and we should thank the Q1 earnings... More
