The US elections are not going to end in the “transformational” result that is currently being considered, a July 24 Morgan Stanley research report says. A population turning its back on “economic liberalism” and the benefits for globalization will not take place in today’s world for some very practical reasons.
Don't worry, Clinton is expected to win, Morgan Stanley says
“You’d be forgiven for thinking that the world is about to change,” Michael Zezas, Morgan Stanley’s Chief Municipal Strategist, observed. Looking at Brexit, the coup attempt in Turkey, the previous US debt-ceiling crisis are but a few examples of political crisis risk that could eventually wake up investors.
While elections have consequences, not all consequences are transformational, Zezas writes. As a...
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