Morgan Stanley's Gorman Sees U.S. GDP Growth in the 2.5 Percent Range

The transcript discusses the firm's strategy over the next 12-24 months, focusing on moderate growth expectations due to recent tax cuts. It highlights the impact of economic conditions on business performance, emphasizing the importance of strategic positioning for long-term growth. The speaker is less concerned with current market turmoil and more focused on the firm's future prospects.

What is the firm's expected growth rate for the next 12 to 24 months?

• Above 3.5%

• Around 2.5%

• Below 1%

• Exactly 4%

What was the impact of the tax cut stimulus according to the speaker?

• It was ineffective

• It was effective but unsustainable

• It led to a recession

• It had no impact

What is the speaker's expectation for US GDP growth?

• 1%

• 5%

• 2.5%

• 3.5%

How does the speaker view Morgan Stanley's performance in a decelerating economy?

• It will not be affected

• It will perform the same

• It will perform better

• It will perform worse

What is the speaker's main focus regarding the firm's future?

• Current market turmoil

• Short-term profits

• Long-term strategic positioning

• Immediate cost-cutting