


| Morgan Stanley: "The Global Economy Is Deteriorating Faster Than Offsetting Policy Action" |
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Sunday Start, submitted by Jonathan Garner and James Lord of Morgan Stanley. As regular readers know, Morgan Stanley is pretty bearish on global risk assets. This applies to emerging markets (EM) too, where we've been calling for wider credit spreads, weaker EM currencies, particularly in Asia, and lower equity prices.
Posted: 2019-08-18 23:30:00
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