Extra! Extra! Morgan Stanley gives their projections for Europe! Just a couple of days ago they said we'll have "a housing recession like none ever imagined or experienced." I put a picture by that piece just so you wouldn't forget.
Look at this piece of "research" of their projections for European equities next year:
- 45% chance of negative returns.
- 35% chance of -19% return.
- 20% chance of a +28% melt-up!
So we could have a housing depression, but stocks could be down 19% or up 28%!
Isn't that a beauty? That's Wall Street research. Extra ! Extra! And you have to
pay for this!
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