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Morgan Stanley CEO Speaks Out: The Economy Still Has Growth Potential, No Risk Signals in the Credit Cycle
[Crypto World] On November 5th, Morgan Stanley’s CEO, Gorman, reassured the market. He believes there is still room for economic growth and that the labor market remains relatively resilient. More importantly, he emphasized that there are no obvious risk signals currently emerging in the credit cycle.
This statement is quite interesting—amid widespread concerns about an economic slowdown, the CEO of a top Wall Street investment bank is seeing some positive signs. The resilience of the labor market is often a key indicator of economic health, and the stability of the credit cycle reflects a well-functioning financial system. Gorman’s assessment, to some extent, also indicates that institutional investors are confident in the current macro environment.