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Yesterday I wrote about how stocks were on the recovery path after last week’s disappointing data. I also said I wasn’t sure how long the rally would last. Go figure, US equities and cryptos are back in the red today. 

In the first few hours of trading, the S&P 500 was trading 0.5% lower while the Nasdaq Composite had lost 0.6%. BTC was 2% lower over the last 24 hours at that time. 

Some of the biggest names on Wall Street say stocks have further to fall. In a Monday note,  Morgan Stanley strategist Mike Wilson projected the S&P 500 is due for a decline of up to 10%. Also on…

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