S&P 500 first-quarter EPS creeps out of the red, Refinitiv data shows

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'The bear is still alive,' claims Morgan Stanley's Wilson

June 12, 2023 12:29 PM EDT

Morgan Stanley analyst Michael Wilson told investors in a note Monday that "the bear is still alive."

The analyst made the claim based on his firm's boom/bust framework. The analyst noted that with the S&P 500 rally now crossing the 20% threshold, more investors are declaring the bear... More