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.
Lol…eyes wide shut!
Because we are in a RECESSION-COME TO CALIFORNIA!
Until at least 2025 when Donald Trump retakes control of the government.
Wrong!!!
Europe is in breach of the terms of world peace, those terms are Independent Sovereignty, by nations of the Eurozone sharing a currency they are quite literally the laws of 18 active in the 19th, as many times over. A near continental scale violation of Independent Sovereignty.
wtf else do you expect him to say?
Violence of the old-world came from the lack of economic compartmentalization, the world was one vast economic dynamic, to solve it the world divided up into nations. Losing that means the violence will return... How don't you know this stuff by now?
Translation : it will be severe and long-term
Fact is, America won't get better, not unless it follows what Adam Smith was saying, just as surely as the Founding Fathers did. Independence requires economic containment, not just sovereign, in fact a currency is issued by sovereign authority... Europe is in breach of terms.
It's not a threat. We've had two consecutive quarters of negative growth. We're already well into a recession, no matter how anyone labels it. The question is how this gets turned around before it turns depression
Adam Smith said each nation needs its own economy, that's how they fund their independence, he knew that because he was interested in Scottish independence from the British empire. It's like no one reads at all these days...
define short lived
Whatever you say...
Supply Chain, Inventory & Pricing Forecast for the Rest of 2022
Sounds like all the moron bankers in 2007.
Well that makes me feel better
🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
It’s gonna be bad
Uh oh… gird your loins!
🙄
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