Morgan Stanley: If The Trade War Doesn't End Soon, It Will Cause Enough Economic Erosion To Crash Markets
Zero Hedge -

Authored by Michael Zezas, Chief Public Policy strategist at Morgan Stanley

Investors are obsessed, trying to figure out what happens next in the US/China trade dispute. Will the US call China? What do the negotiators really think? Does this last three weeks or three months? Our answer: you could be starting with the wrong questions.

First, let’s look back. It all seemed to be going so well. After market sell-offs sent signals to the US and China about the costs of trade tensions, they sat...

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