Morgan Stanley Warns of Something Worse Than a ‘Normal Recession’

Morgan Stanley Warns of Something Worse Than a ‘Normal Recession’
Traders work on the floor of the New York Stock Exchange in New York City, on Sept. 23, 2022. Spencer Platt/Getty Images
Tom Ozimek
Tom Ozimek
Reporter
|Updated:
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Morgan Stanley’s Chief U.S. Equity Strategist Michael Wilson said that he’s convinced a corporate earnings recession is coming—and that it could be worse than a “normal” recession.

Wilson said in a Sept. 26 interview with CNBC’s “Squawk Box” that his team at Morgan Stanley is looking closely at the U.S. business earnings story and the impact of corporate profits on equities, which have been on a wild ride in recent months.
Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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