The Wall Street analyst who called this stock-market rout sees another nasty drop for the S&P 500

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According to Michael Wilson, Morgan Stanley’s chief U.S. equity strategist, there is more pain ahead for the S&P 500.

 

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He may call for a rout every year or twice a year! Over a 20 year period, he will be right 5 times but he will be wrong 20 times. Even a broken clock is right twice a day!

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