Detailed text transcripts for TV channel - CNN - 20181202:15:43:00
Before that, stocks had plunged, led by a tech selloff. the usual explanations for the market gyrations, variations of investor nerves, optimism, the changing winds of tech. but the real reason for what we're seeing could be much bigger. we may have reached peak america. i mentioned this point at the start of the show. here to explain what that means is chief global strategist at morgan stanley, the man who coined this phrase. what you point out is that we are at a -- at the end of a very long trend, where america has outperformed the world. >> yeah. this has really been america's decade. both...