Why Morgan Stanley is starting to see ‘fire and ice’ and a bear-market drop as ‘more likely’ for stock-market investors<blockquote>为什么摩根士丹利开始认为股市投资者“更有可能”出现“火与冰”和熊市下跌</blockquote>
Morgan Stanley’s Michael Wilson sees the bull market ending in fire, though it could end in ice.
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