Why Morgan Stanley thinks a mild recession could actually be bullish for stocks

Why Morgan Stanley thinks a mild recession could actually be bullish for stocks

ANGELA WEISS/AFP via Getty ImagesRecession 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 actually end up being a catalyst for more stock gains, the bank says. 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 m…