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Morgan Stanley’s Wilson Sees 20% Draw back on Some Shares

Morgan Stanley Chief US Fairness Strategist Mike Wilson sees a 20% draw back for some huge know-how and meme shares, advising buyers to promote the “wildly speculative” property which have rallied this yr. “If it is in your portfolio get out of it, as a result of that stuff has gotten revalued in a approach that does not make a lot sense,” he says on “Bloomberg Surveillance.”

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