Global investors are betting on America’s economic success now more than ever, Morgan Stanley’s Ruchir Sharma told CNBC on Monday.
“This year has been a story of how well America has done,” he said on “Squawk Box,” calling it an example of “American exceptionalism.”
“We may or may not believe in [American exceptionalism], but the financial markets have never believed in it to such an extent,” added Sharma, head of emerging markets and chief global strategist at Morgan Stanley Investment Management. The global firm has $474 billion in assets under management, as of June 30, 2018.
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