!['US equities will feel the pain, but economy will survive'](https://images.assettype.com/fortuneindia%2F2023-01%2F44081ea1-5f27-4123-84b6-c89701e75d6b%2FMorgan_Stanley.jpg?rect=0,49,2522,1261&w=300&q=95)
'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.