US stocks are in 'death zone' and could sink 26%, Morgan Stanley warns

US stocks are in 'death zone' and could sink 26%, Morgan Stanley warns

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U.S. stocks have climbed to unsustainable highs and face imminent losses once investors realize there will be no Federal Reserve pivot later this year, according to Morgan Stanley strategists. Michael Wilson, the chief U.S. equity strategist at Morgan Stanley and a longtime Wall Street bear,…

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