Pessimistic about the outcome of the US economy: Morgan Stanley's chief global currency strategist
According to the global financial services major, disinflationary pressures would keep RBI on an easing path
In its latest report, has upped June 17 BSE Sensex base case to 30,000
The Wall Street bank's net income was $1.43 billion in the quarter ended June 30
Recently, Goldman Sachs too had echoed a similar view, revising its global growth forecasts downward to 3% - 3.5% for H2CY16
Anil Agarwal, MD & Head of Asian Financial Research, Morgan Stanley, has had a negative view on public sector banks for the past five years
Morgan Stanley's stock fell about 21% in the quarter - the sharpest decline of any big US bank
The case against Morgan Stanley is the latest jab in Harris's fight for compensation after the 2008 mortgage crisis crippled the global economy