[Morgan Stanley strategist Michael Wilson is once again bearish on the US stock market] Morgan Stanley strategist Michael Wilson has returned to the bear camp. As one of the well-known US stock skeptics, this strategist believes that recent gains have fully fulfilled his previous predictions, and investors should now make a profit. “We are now bearish again,” he and his colleagues wrote in a report on Monday. They expect the S&P 500 index to resume its decline after rising above the 200-day moving average last week, saying that the downward trend since the beginning of the year is still good. They wrote, “This makes the risk return for betting on continuing to rise at this point quite low.” One prediction marked a shift in Wilson's perspective. As of last week, he also believes that the tactical recovery may continue until December until next year, when the profits of weak companies are under pressure.