Morgan Stanley Warns US Dollar Dominance and Stocks at Risk Due to Global Factors

• Morgan Stanley warns US dollar and stocks are at risk due to deteriorating relations with China, end of yield curve management in Japan, and rising Bitcoin and commodity prices • Morgan Stanley CIO says US dollar “might be hitting its limit” after decades of dominance • BRICS bloc working actively to ditch US dollar and trade in local currencies as part of “de-dollarization” mission • Decline of US dollar could negatively affect US stock market if it continues • Morgan Stanley encourages investors to look beyond US for future stock returns to hedge against potential correction in US equities