ICYMI – Morgan Stanley raised its 2023 US GDP forecast to 1.3% (previously at 0.6%)

I posted last week on Morgan Stanley jacking their GDP forecast much higher:

• Morgan Stanley revise their US GDP forecast to +1.3%, from +0.6%, citing Biden Boom

The forecast got another run overnight, with MS looking for 1.3% y/y (from 0.6%). Analysts at the bank say they expect a ‘comfortable’ soft-landing for the US economy.

If you check out that link above it points to infrastructure as a key to growth, non-residential and public investments leading the way.

This article was written by Eamonn Sheridan at www.forexlive.com. Source