Morgan Stanley doubles down on forecast for a V-shaped economic recovery by 4th quarter

· *Morgan Stanley boosted its call for a "sharp but short" recession ending by 2021 as economies surge back to pre-pandemic output levels.*
· *The firm told clients in a mid-year review note the global economy is entering a new expansionary phase that's "more 'normal' than appreciated."*
· *World GDP will bottom out at an...