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The S&P 500 is due for a 10% correction and will slump for the next few quarters as tapering, taxes, and slow earnings growth weighs on returns, Morgan Stanley’s stock chief says

The S&P 500 is due for a 10% correction and will slump for the next few quarters as tapering, taxes, and slow earnings growth weighs on returns, Morgan Stanley's stock chief says

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Mike Wilson sees the S&P 500 finishing 2021 at 4000, a roughly 10% drop from current levels. He said the index could dip even further before year-end.

...read full article on Business Insider

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