News Snapshot:
Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow It is rare that a prominent strategist like Morgan Stanley’s Michael Wilson is as adamantly bearish as he is. His monthly chartbook begins with a strong warning to clients, “March is a high risk month for the bear market to resume. With the equity market showing signs of exhaustion after the last Fed meeting, the S&P 500 is at critical technical support. During bear markets NTM EPS estimates typically flatten out between quarterly earnings seasons before resuming the downtrend. Stocks tend to figure it out...
