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Morgan Stanley’s Mike Wilson: More than meets the eye to COVID-19 stock slump

The “culprit” for the recent and sharp downturn in financial markets may well be COVID-19, but beneath the surface, there are other factors at play that explain the current sell-off, according to Mike Wilson, Morgan Stanley’s CIO and chief equity strategist. “Equity markets have had a tremendous rally over the past year and we were due for some kind of…

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