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MORGAN STANLEY: The stock market just shifted by a magnitude that usually precedes recessions. Here's why it's an ominous sign once again.
  • The stock market's recent rotation from growth to value stocks portends more losses for investors who had crowded the fastest earnings growers, according to Morgan Stanley. 
  • Michael Wilson, the firm's chief US equity strategiest, found that this was the biggest such rotation since the 2000 and 2008 recessions. He has reason to suspect that this episode portends another crisis.  
  • Click here for more BI Prime stories.


Full "The Business Insider: The Money Game" article




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