Morgan Stanley's Wilson warns of potential stock market downturn due to rising yields.
TL;DR Summary
Morgan Stanley's Michael Wilson warns that the S&P 500's recent rally is at risk due to only a few stocks driving it, and the index could hit fresh lows if bond yields rise. Wilson, who correctly predicted last year's stock slump, says the low percentage of stocks outperforming the S&P 500 is a warning that the bear market is far from over.
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