‘I don’t see this as the big one’: Market strategist

The stock market’s volatile start to the fourth quarter has some investors wondering if it’s a scene setter for a proper bear market later this year.

A growing number of Wall Street banks have said the equity market looks vulnerable. Morgan Stanley recently said it sees growing risk of a 20% drop in the S&P 500 as evidence starts to point to weaker growth and falling consumer confidence.

So far in October, stocks have swung between steep gains and losses while the so-called fear gauge, the…


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