Morgan Stanley’s Zentner Urges Stock Picking, Warns on US Recession Risks

Ellen Zentner, chief economic strategist at Morgan Stanley Wealth Management, says her firm is not “broad sellers of US equities here,” with “pockets where earnings can get better, not worse.” Zentner also sees an “uncomfortable” 40% chance of a US recession over the next 12 months. (Source: Bloombe...

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