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Morgan Stanley warned investors on Tuesday that the coronavirus pandemic is fundamentally disrupting the world’s economy.
“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…
Morgan Stanley says a global recession in 2020 is now the firm’s ‘base case’
Byusnewsr1-
Mar 18, 2020
By usnewsr1-
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