Ben Duronio | Apr. 16, 2012, 3:31 PM
Morgan Stanley Smith Barney is out with its latest Asset Allocation and Strategy Weekly report to its clients.
Adam Parker, Morgan’s top U.S. equity strategist, might be the most bearish name on Wall Strategist. Parker is calling for the S&P 500 to fall to 1,167 by year end.
So, it’s no surprise that the firm’s list of reasons to be bullish/bearish on stocks tilts bearish.
But they do have some positive things to say about stocks.
Read the rest here.
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