Stock market poised for next leg lower as profits shrink, says Mike Wilson of Morgan Stanley - MarketWatch
![Morgan Stanley on Twitter: "$MS 1Q22: Morgan Stanley reports first quarter 2022 net revenues of $14.8 billion, net income of $3.7 billion, EPS of $2.02 and ROTCE of 19.8%. Release: https://t.co/m6aVLOSAOV (1/5) Morgan Stanley on Twitter: "$MS 1Q22: Morgan Stanley reports first quarter 2022 net revenues of $14.8 billion, net income of $3.7 billion, EPS of $2.02 and ROTCE of 19.8%. Release: https://t.co/m6aVLOSAOV (1/5)](https://pbs.twimg.com/media/FQTaFEtWUAUqTON.jpg)
Morgan Stanley on Twitter: "$MS 1Q22: Morgan Stanley reports first quarter 2022 net revenues of $14.8 billion, net income of $3.7 billion, EPS of $2.02 and ROTCE of 19.8%. Release: https://t.co/m6aVLOSAOV (1/5)
![Tyler Durden Blog | Morgan Stanley Sees S&P Tumbling As Low As 3,400: "That's Where Valuation And Technical Support Lie" | Talkmarkets Tyler Durden Blog | Morgan Stanley Sees S&P Tumbling As Low As 3,400: "That's Where Valuation And Technical Support Lie" | Talkmarkets](https://cms.zerohedge.com/s3/files/inline-images/PE%20derating_0.jpg?itok=xccSevXZ)