Wall Street Braces for Impending Recession: A Tale of Contrasting Predictions
Analysts at Morgan Stanley, Bank of America, and Goldman Sachs offer divergent forecasts amidst economic uncertainty As the year 2022 came to a close, a sense of gloom permeated Wall Street. Traders and analysts across equities and bond desks, from both major firms and niche outfits, were preparing for an impending recession. Amidst this backdrop…