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MS says eurozone is not in jeopardy (famous last words?)

MS says eurozone is not in jeopardy (famous last words?)

News
Eamonn Sheridan
31/05/2018 | 00:14 GMT

CEO of Morgan Stanley James Gorman is on a Bloomberg TV interview, comments:

  • Says is seeing extraordinary global synchronised growth
  • Growth disrupted by political instability
  • Italy is a manifestation of such risks
  • Does not think the eurozone is in jeopardy
  • USD likely to strengthen over time
  • Surprised if US bond yields stay below 3%
  • US is not trying to start a trade war
  • Open trade has been generally a positive for the US and Canada

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