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we have just received new information and new data that suggests that the worst is yet to come for the US economy but as you can see here a lot of strategists are divided between whether this is a bear Market Rally or a new bull market if you look here Wells Fargo their top analyst says that the bear Market is completely over whereas Morgan Stanley they say that the S P 500 could drop 26 in a couple months as we know only one of them can be correct and in todays video were going to be discussing the data and the research behind who will likely end up being correct before we get started join me and 10 000 of my friends on substack also make sure to follow my friends on the platform where we cross recommend each other on Twitter I share thought leadership on the markets follow me at Larry Chung CFA now Morgan Stanleys recent strategy note talks about the death zone for the S P 500 Equity risk premium Now for those of you guys who arent familiar the equity risk premium refers to an e