US economic recession is effectively over – Morgan Stanley

Dhwani Mehta FXStreet

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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Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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