"Recession coming" report from Morgan Stanley

Discussion in 'Wall St. News' started by cgtrader, Dec 11, 2007.

  1. http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/12/10/bcnusa110.xml

    Morgan Stanley has issued a full recession alert for the US economy, warning of a sharp slowdown in business investment and a "perfect storm" for consumers as the housing slump spreads.

    In a report "Recession Coming" released today, the bank's US team said the credit crunch had started to inflict serious damage on US companies.
  2. [​IMG]
  3. is that a way to influence the fed decision?