MORGAN STANLEY: Here's The Ironic Global Phenomenon That Could Keep The Economy Growing For Years

A world "out of sync" will extend the cycle. Growth and monetary policy dynamics remain highly un-synchronized in the developed and emerging world. This lowers the likelihood of overheating and is one reason we think the current global expansion could end up being one of the longest on record. That's from the latest Morgan Stanley Global Strategy Outlook, which is titled "Investing In An Out-Of-Sync World." Basically, what it means is that the big world economies are all going through different ...