Weak Loan Growth, IB to Hurt Morgan Stanley's (MS) Q4 Earnings

The performance of Morgan Stanley’s (MS) trading business (constituting a significant portion of its top line) is not expected to have been significantly impressive in the fourth quarter of 2023 due to subdued market volatility. Thus, the company’s trading numbers are expected to have provided little support to its quarterly results, slated to be announced before the opening bell on Jan 16.While the risks of a near-term recession faded in the fourth quarter, ambiguity among investors remained on lingering c ...