Morgan Stanley's chief stock strategist warns that the 2023 rally is a 'bull trap' and pain is coming for investors in March
Published
Traders work on the floor of the NYSE Thomson Reuters The rally in stocks is a "bull trap" and investors have more pain coming, Morgan Stanley warned. That's because earnings-per-share estimates over the next year haven't bottomed yet, and neither have stocks. The downside could come as soon as…
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