The Tell: Stock market poised for next leg lower as profits shrink, says Morgan Stanley’s Mike Wilson

The Tell: Stock market poised for next leg lower as profits shrink, says Morgan Stanley’s Mike Wilson

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One of Wall Street’s biggest bears believes U.S. stocks are poised for their next leg lower as the January effect and other factors that had supported markets in the early weeks of the New Year have started to fade. In a note to clients dated Monday, Mike Wilson, chief U.S. equity strategist and…

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