| The stock market may be headed toward a major pullback as some economic indicators have started to deteriorate, according to Morgan Stanley.
Chief US. Equity Strategist Mike Wilson said in a note to clients that the the market is at a fork in the road of "fire" and "ice" directions, and it appears to be starting down the negative path.
Become a member of CNBC Pro to read the recap from Morgan Stanley including the ice scenario and the year-end price target for the S&P 500.  Get Pro analysis during market volatility CNBC Pro gives you premium access to money-making ideas including daily stock recommendations, stock market trend analysis including commentary from leading Wall Street professionals, and all-access to CNBC Live Business TV.
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