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There will be a 10% correction in the S&P 500 by the end of 2021, Morgan Stanley’s CIO says

There will be a 10% correction in the S&P 500 by the end of 2021, Morgan Stanley's CIO says

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Mike Wilson, the chief investment officer and chief US equity strategist at Morgan Stanley, believes the S&P 500 will see a 10% correction before the end of 2021. In an interview with Bloomberg on Tuesday, Wilson said that bullish market news has been “baked in” and earnings expectations are higher than what is “achievable.”

...read full article on Business Insider

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