ibankcoin.com / Dr. Fly / Feb 14, 2017
Really, predicting a 37% return for any major index is outright scandalous — let alone the utterly and contemptible Shanghai index, a denizen for perfidy and wanton chicanery. Nevertheless, the shills over at Morgan Stanley believe the year of the rat will produce a superfluous amount of grandeur for the canine eating men in China.
“The key message of this report is that China can transition to high income status, something few other EMs have achieved,” Morgan Stanley strategists led by Jonathan Garner wrote in a 118-page macro outlook received Tuesday. “It is likely that over the next 10 years MSCI China can keep up its long track record of outperformance of EM.”
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