CNBC: Morgan Stanley – Even If the Fed Cuts Rates This Summer, It Could Be Too Late to Stop a Recession

CNBC: Morgan Stanley – Even If the Fed Cuts Rates This Summer, It Could Be Too Late to Stop a Recession

“Morgan Stanley changed its forecast for global growth to ‘stagnation’ through the end of the year instead of a ‘continued recovery.’ “

Even the most bullish on Wall Street understand that the world economy is set for a slowdown. And while many investors may think that a Fed rate cut would keep the economy humming along, the reality is far different. Investors need to remain defensive and protect their assets against a coming stock market crash.

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