US markets are now in 'death zone' Morgan Stanley
The bank's chief analyst expects the benchmark S&P 500 to slump sharply
US stocks have soared to unsustainable highs and could crash 26% within months, Morgan Stanley's top strategist has warned.
In an analyst note the bank's chief US equity strategist, Mike Wilson, said that the current level of stock valuations could be compared to the "death zone," a term in mountaineering describing an