Top analyst warns that ‘larger than expected correction is likely’ if Trump and China don’t kiss and make up

A top Wall Street analyst who has been predicting a “rolling recovery” after a mysterious, secretive “rolling recession” over the past three years has issued a bearish call on the back of renewed trade tensions between President Trump and China. Mike Wilson, chief U.S. equity strategist for Morgan Stanley, warned on Monday that a “larger than expected correction is likely” for U.S. equities if Trump and China fail to resolve their escalating trade tensions, as mounting uncertainty threatens the fragile ear ...