A full-blown recession and double-digit stock losses: Morgan Stanley just unveiled its revised bear case for the trade war — and it’s not pretty
|06/12/2019||Posted by BusinessMediaguide.Com under General World News||
- Morgan Stanley lays out a grim forecast for the US if trade negotiations between the world’s two-largest economies turn sour.
- The firm also identified the market sectors with the biggest exposure to increasing input costs, and how passing the buck onto consumers will be detrimental to demand.
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The US’ ongoing trade war with China has experienced wild twists and turns, causing shifts in market sentiment at a moment’s notice. That’s made it hard to drown out the noise in order to get to the numbers that matter most.
Morgan Stanley’s latest work has cut read more >>>