Morgan Stanley CEO James Gorman reiterated at an investor conference that he expects any U.S. downturn to be mild and short-lived
The bank’s CEO reiterates at an investor conference that he expects any U.S. downturn to be mild and short-lived
Recent stock market performance has gotten people talking about a possible U.S. recession. So what are the leading economic indicators that have been solid recession trackers, and what can you do to prepare for a recession? WSJ’s Dion Rabouin explains. Illustration: David FangJames Gorman isn’t worried about how a possible recession and bear market will affect his bank.
The Morgan Stanley chief executive said Monday that he is “pretty relaxed” about the impact of a possible U.S. recession, a scenario he called a 50-50 proposition based on historical experience.
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