Second Stimulus - **Morgan Stanley Sees Concentrated U.S. Slowdown in Third Quarter Economists at Morgan Stanley say they expect the brunt of a second-half growth slowdown to occur in the third quarter, due largely to a payback from stimulus spending and persistent supply chain issues.

9:43am PDT - September 2nd, 2021

**Morgan Stanley Sees Concentrated U.S. Slowdown in Third Quarter Economists at Morgan Stanley say they expect the brunt of a second-half growth slowdown to occur in the third quarter, due largely to a payback from stimulus spending and persistent supply chain issues.

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