Morgan Stanley Strategist Sees “5 or 10%” Market Drawdown Potential as Five Megacaps Carry the S&P 500
Morgan Stanley Strategist Sees “5 or 10%” Market Drawdown Potential as Five Megacaps Carry the S&P 500 ©sefa ozel and Tony Studio from Getty Images via Canva Key Takeaways Morgan Stanley’s Mike Wilson says the share of S&P 500 stocks above their 200-day moving average fell from about 75% to below 50%, and he sees…