scorecardresearchMorgan Stanley Says US Growth Slowdown Worse Than Expected

Morgan Stanley Says US Growth Slowdown Worse Than Expected

Updated: 05 Jul 2022, 02:03 PM IST
TL;DR.
The US economy is firmly in the middle of a slowdown that’s turning out to be worse than expected amid the war in Ukraine and China’s Covid Zero policy, according to Morgan Stanley strategists.
US First Lady Jill Biden during a Fourth of July event on the South Lawn of the White House in Washington, D.C., US, on Monday, July 4, 2022. President Joe Biden�said he spoke with officials in Illinois after a mass shooting in a suburb of Chicago and pledged federal law enforcement assistance in finding the gunman. Photographer: Ting Shen/Bloomberg

US First Lady Jill Biden during a Fourth of July event on the South Lawn of the White House in Washington, D.C., US, on Monday, July 4, 2022. President Joe Biden�said he spoke with officials in Illinois after a mass shooting in a suburb of Chicago and pledged federal law enforcement assistance in finding the gunman. Photographer: Ting Shen/Bloomberg