Recession fears have ebbed in the last month, but a downturn is still possible. Luckily, any recession in the next 12 months is likely to be mild, Morgan Stanley predicts. A mild downturn could ...

A recession might not be the worst thing for the stock market. In a new note, Mike Wilson, Morgan Stanley's chief US equity strategist and CIO, said a mild downturn could ultimately set the stage for ...