Morgan Stanley: America Headed To Recession Under Trump

Morgan Stanley analysis says America is headed to another recession under Donald Trump.

“Global recession in 2020 is now our base case,” Morgan Stanley chief economist Chetan Ahya wrote in a note. “With Covid-19 spreading in Europe and the US after hitting Asia, the disruptions and dislocations in the economy and markets will trigger a [year over year] contraction in global growth in [the first half of 2020].”” [READ MORE]