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Morgan Stanley On The Markets: January 2018

FYI: In 2017 equity investors enjoyed one of the best years in history (see table, below
). The absolute returns were remarkable in every major region, and rarely have we seen
such breadth across sectors. This lined up with our view that the global economy was in the midst of its most synchronous expansion since the financial crisis.
Regards,
Ted
https://www.morganstanleyfa.com/public/projectfiles/onthemarkets.pdf

Morgan Stanley Wealth Exits Junk Bonds, Warns on Recession Risk: Details Read "On The Market" Above:
https://www.bloomberg.com//news/articles/2018-01-04/morgan-stanley-wealth-exits-junk-bonds-warning-on-recession-risk
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