In 2010, the European economy should transition towards a more sustainable, albeit still sub-par, recovery.  Economists at US investment bank, Morgan Stanley, say this economic transition will be reflected by a shift in the engines of growth from a swing in the inventory cycle towards an ongoing recovery in domestic demand and net exports. This transition is unlikely to be smooth, though.  They say investors should brace themselves for potential setbacks in the course of the next few quarters.  The new MS quarterly forecast profile suggests a gradual slowdown in growth momentum over the course of the year. The prognosis is that until some domestic demand dynamics start to materialise, the European economy remains in what could be called the no man's land of the business cycle.