'US equities will feel the pain, but economy will survive'
The world's biggest economy will go through a mild recession, says Andrew Sheets of Morgan Stanley.
The world's biggest economy will go through a mild recession, says Andrew Sheets of Morgan Stanley.
In recent months, demand-led CPI inflation has moved up a bit, while supply-led CPI inflation continues to moderate, SBI says.
Galloping inflation and interest rates, low consumption, income and employment crisis-- all together in an economy yet to fully recover from the pandemic make for a deadly cocktail.