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Elga Bartsch and Chetan.......>

GLOBAL MARKET/OPINION
GLOBAL MARKET/OPINION: Elga Bartsch and Chetan Ahya from Morgan Stanley write
"Financial conditions remain supportive of growth in developed markets and have
eased further since late summer. Our Morgan Stanley Developed Markets Financial
Conditions Index (MSDMFCI) currently stands 0.9 standard deviations above its
long-term average and has only been higher on one occasion in 2017."

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