Morgan Stanley, previously the most bullish brokerage on Japanese stocks, says the Topix Index will fall about 10 percent as investors await corporate earnings and progress on promised economic reforms.
Morgan Stanley is “very concerned” about India’s stock market because the nation is a major oil importer, Jonathan Garner, chief Asia and emerging-market strategist for Morgan Stanley, said.
Emerging-market stocks may rise 39 percent by the end of next year, spurred by a “soft landing” for China’s economy, earnings growth and cheap valuations, according to Morgan Stanley.
"It's not surprising to see the premier talking about the connect between Shenzhen and Hong Kong given that the Shanghai-Hong Kong link is up and running well."
- Jonathan Garner on Jan 04, 2015