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Investors will start to believe in a V-shaped recovery, Morgan Stanley says

The bank's economists see this recession as being 'the steepest but also one of the shortest on record'

Tuesday 23 June 2020 at 08:43

Investors will go from “doubting to believing” in a V-shaped economic recovery over the next six months, according to Morgan Stanley strategists.

The investment bank’s strategists said the fact that investors, politicians and central bankers doubted the V-shaped recovery reduced their own doubts about a rapid rebound.