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Global growth boom may disappoint, Morgan Stanley’s Sharma warns
Ruchir Sharma, head of emerging markets and chief global strategist at Morgan Stanley Investment Management, is the author of bestsellers including “Breakout Nations” in 2012 and “The Rise and Fall of Nations” in 2016, isn’t predicting a global bust.
What he’s warning is that the consensus for a robust boom may be overlooking downside risks that may cause momentum to fade sooner than expected.
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Ruchir Sharma, head of emerging markets and chief global strategist at Morgan Stanley Investment Management, is the author of bestsellers including “Breakout Nations” in 2012 and “The Rise and Fall of Nations” in 2016, isn’t predicting a global bust.
What he’s warning is that the consensus for a robust boom may be overlooking downside risks that may cause momentum to fade sooner than expected.
...
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