Morgan Stanley's James Gorman says markets will 'take off' if Federal Reserve moves to cut interest rates
Financial markets will “take off” once investors are confident the Federal Reserve has completed raising interest rates, outgoing Morgan Stanley CEO James Gorman predicted, offering an optimistic outlook for his successor. In a wide-ranging interview with the Financial Times a few days before handing over the CEO job to Morgan Stanley co-president Ted Pick, Gorman … [Read more…]