Morgan Stanley expects the S&P 500 to plunge another 15%-25% within the next four months — use these 3 top recession-resistant stocks for protection

If you think the stock market selloff has come to an end, Morgan Stanley has some bad news.

The S&P 500 is already down 17% year to date, but the Wall Street juggernaut believes the market has yet to hit a bottom.

“Our ’22/’23/’24 base case estimates are now 3%/13%/14% below consensus, respectively,” a team of Morgan Stanley analysts led by…