The odds of a 20% correction in stocks are rising as the market transitions to the next stage of its cycle, Morgan Stanley warns

MarketsInsider/Isabelle Lee

Repost from 9-22-2021

graphic image-icon of bear stepping through round portal“Analysts – led by Michael Wilson – called this scenario ‘Ice,’ which would happen if earnings revisions and higher-frequency macro datapoints slow down.”

USAGOLD note:  The bears are beginning to emerge from the woods …… Morgan Stanley is one of a number of Wall Street bears predicting a sharp stock market correction.

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