Morgan Stanley's chief US equity strategist, Mike Wilson, says stocks have entered the final stage of their almost nine-year bull-market run. In a wide-ranging discussion, Wilson outlined his views on the market cycle, broke down his 2018 forecast, opined on the much-maligned short-volatility trade, and predicted how stock pickers would fare in the coming months. The stock market's recent sell-off was enough to throw any expert off-balance. While many pundits had been calling for some...


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