Morgan Stanley credits Bidenomics in lifting its U.S. economic-growth outlook

At least one major investment bank has bought into Bidenomics.

President Joe Biden’s Infrastructure Investment and Jobs Act has seeped into the domestic economy, “driving a boom in large-scale infrastructure,” wrote Ellen Zentner, chief U.S. economist for Morgan Stanley, in a research note out late this week. Plus, she wrote, “manufacturing construction has shown broad strength.”

As…