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US economic recession is effectively over – Morgan Stanley

 

Analysts at Morgan Stanley offer an upbeat view on the US economy, citing that recession in the world’s largest economy ‘Is over’ due to the following reasons:

“The current speed of the vaccination rollout.”

“New fiscal stimulus still to come and imminent spring weather.”  

“It’s difficult not to imagine an economy that’s on fire later this year and long story short is  the recession is effectively over, the US banking giant noted.

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