Morgan Stanley sends a stark message on the 2026 US economy
The title of Morgan Stanley’s midyear US economic outlook, published May 12, is four words: “Capex Over Consumption.” It is the bank’s clearest possible signal about what is holding the American economy together heading into the second half of 2026, and what is beginning to buckle beneath the surface. Chief US Economist Michael Gapen and […]
Morgan Stanley sends a stark message on the 2026 US economy Read More »
