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You Searched For "Ellen Zentner" and got 20 results


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3 mins read

3 explanations for the labor shortage, according to Morgan Stanley

There's a gap between workers' skills and open jobs, with migration a wild card. Morgan Stanley wri…

Juliana Kaplan   


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2 mins read

US GDP will return to pre-pandemic highs by the end of March, Morgan Stanley says

Unemployment is forecast to average 4.9% in 2021 and 3.9% the following year, the bank said. That's…

Ben Winck   


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2 mins read

Undocumented immigrants are boosting the labor market and helping the US avoid recession, experts say

An influx of undocumented immigrants has allowed employment growth to remain strong while inflation…

Aruni Soni   


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2 mins read

A hard-landing recession is guaranteed as the full impact of Fed rate hikes have yet to hit the economy, Morgan Stanley's chief economist says

"We will have a hard landing at some point. I guarantee you that," Morgan Stanley's chief US econom…

Jennifer Sor   


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3 mins read

Wall Street titans like Jamie Dimon, David Solomon, and Jeffrey Gundlach are still worried about a recession and warn investors are too complacent

Several experts haven't ruled out a recession given immense pressure on consumers, a softening job …

Theron Mohamed   


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2 mins read

Wall Street's favorite recession gauge has been flashing for 16 months, but the other key ingredient of a downturn is nowhere to be seen

"We only have half the ingredients necessary to cook up a recession just now," DataTrek wrote in a …

Yuheng Zhan   


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2 mins read

Goldman Sachs CEO David Solomon isn't so sure the US is on track to avoid a recession

Richer people are doing well, but those in the "paycheck-to-paycheck" segment are tightening their …

Huileng Tan   


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2 mins read

Housing market affordability will improve in 2024 as home prices fall amid more inventory, Morgan Stanley's chief US economist says

Home sales will pick up in the second half of 2024 and continue into 2025, as prices see "modest" d…

Aruni Soni   


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2 mins read

A year ago most economists expected a recession. Now 91% say otherwise.

A new NABE survey found economists expect profit margins and sales to improve in 2024 as well as th…

Phil Rosen   


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5 mins read

Apple's EV exit shows the challenges of the once red-hot market

The ending is abrupt, but Apple's EV ambitions weren't easily realized.

Dan DeFrancesco   


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1 min read

The Fed will definitely be done tightening if there's a government shutdown, top Morgan Stanley economist says

The central bank could call time on its war on inflation if a government shutdown robs it of key ec…

George Glover   


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4 mins read

3 signs the US economy is set to zoom past growth expectations

A strong labor market, upticks in manufacturing construction, and a boost in new business applicati…

Noah Sheidlower   


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2 mins read

Ben Winck   


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1 min read

Morgan Stanley's chief economist sees nearly 17 million jobs lost in the second quarter - with the unemployment rate climbing to nearly 13%

Morgan Stanley had also predicted that 200,000 people will become infected with the coronavirus in …

Michael Goodman   


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2 mins read

Morgan Stanley now thinks US GDP will shrink 30% next quarter as coronavirus pushes unemployment to historic highs

As the coronavirus pandemic worsens and keeps people across the country at home, Morgan Stanley exp…

Carmen Reinicke   


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2 mins read

It's time for corporate profits to return to the '90s so companies can make up for decades of underpaying workers, Morgan Stanley says

Workers are reversing a two-decade plunge in their pay and power. It's the start of fixing a "funda…

Jason Lalljee,Ben Winck   


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2 mins read

Prices are rising so much that minimum wage workers are poorer than they've been in decades

Average pay is soaring the most since the 1980s, but surging inflation has overshadowed the rally a…

Ben Winck   


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2 mins read

One chart shows the 10 industries poised to pay you a higher salary soon, and the 10 that probably won't, according to Morgan Stanley

Service sectors like hotels, leisure, restaurants, and retail are most likely to lift pay, the bank…

Ben Winck   


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3 mins read

New stimulus can fuel full US GDP recovery 2 quarters sooner than previously expected, Morgan Stanley says

The bank expects Congress to pass a new stimulus bill in September with between $1.5 trillion and $…

Ben Winck   


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4 mins read

Everyone knew the Fed was going to raise interest rates last week. No one knows what's coming next.

The central bank is expected to raise rates through the rest of 2022, but officials don't agree on …

Ben Winck