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“Fire and ice” correction coming for stocks

October 11, 2021 - 12:00 -- Admin

This week’s round-up of Wall Street’s smartest guys in the room begins with a bearish Morgan Stanley: We are now calling for Fire AND Ice. We have been calling for a mid-cycle correction to happen one of two ways: • Fire: tightening financial conditions as the Fed signals tapering is coming •Ice: growth disappointment particularly

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