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Fortune

Eleanor Pringle

Morgan Stanley’s Mike Wilson says investors are destined for disappointment

Mike Wilson Morgan Stanley United States Alphabet Amazon Apple Meta Microsoft Nvidia Tesla Inc.

Mike Wilson, chief U.S. equity strategist at Morgan Stanley. (Credit: Christopher Goodney—Bloomberg/Getty Images)

In a characteristic warning to investors, Morgan Stanley’s Mike Wilson has bad news for the stock market.

The staunch bear wrote in a note on Tuesday he believes economic growth will be lower than estimated, disappointing U.S. equity investors hoping to see indexes soar even higher.

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