US Equity Valuations At 'Death Zone,' S&P 500 Might Fall By 25 Percent: Morgan Stanley Strategist

Michael Wilson, chief U.S. equity strategist at Morgan Stanley, is warning that stocks are currently on the expensive side, with the risk-to-reward for equities “very poor” as he expects the S&P 500 index to tumble by 25 percent from current levels.

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