Thoughts on the Market

Last week’s uptick in stock prices, driven by a pullback in bond yields and the Fed’s decision to hold rates steady, is likely to fizzle over the coming weeks. ----- Transcript ----- Welcome to Thoughts on the Market. I'm Mike Wilson, Chief Investment Officer and Chief U.S. Equity Strategist for Morgan Stanley. Along with my colleagues, bringing you a variety of perspectives, I'll be talking...

As the majority of the stress from higher rates falls on weaker borrowers, investors should consider moving up in quality. ----- Transcript ----- Welcome to Thoughts on the Market. I'm Andrew Sheets, Global Head of Corporate Credit Research for Morgan Stanley. Along with my colleagues bringing you a variety of perspectives, I'll be talking about trends across the global investment landscape and ho...

Generative AI could transform the nature of work and boost productivity, but companies and governments will need to invest in reskilling. ----- Transcript ----- Stephen Byrd: Welcome to Thoughts in the Market. I'm Stephen Byrd, Morgan Stanley's Global Head of Sustainability Research.  Seth Carpenter: And I'm Seth Carpenter, the Global Chief Economist.  Stephen Byrd: And on the special ep...

Investors are questioning whether a new U.S. Speaker in the House of Representatives will push for fresh legislation, and whether a potential government shutdown is on the horizon. ----- Transcript ----- Welcome to Thoughts on the Market. I'm Michael Zezas, Global Head of Fixed Income and Thematic Research for Morgan Stanley. Along with my colleagues bringing you a variety of perspectives, I'll be...

With mortgage rates at their highest level in 20 years, housing affordability may deteriorate to levels not seen in decades. ----- Transcript ----- Jim Egan: Welcome to Thoughts on the Market. I'm Jim Egan, Co-Head of Securitized Products Research here at Morgan Stanley.  Jay Bacow: And I'm Jay Bacow, the other Co-Head of Securitized Products Research.  Jim Egan: And on this episode of t...

As we head into the end of the year, investors are again worrying about the impact that higher interest rates will have on growth. ----- Transcript ----- Welcome to Thoughts on the Market. I'm Mike Wilson, Chief Investment Officer and Chief U.S. Equity Strategist for Morgan Stanley. Along with my colleagues bringing you a variety of perspectives, I'll be talking about the latest trends in the fina...

Corporate credit continues to outperform other class assets, due in part to U.S. economic growth in the third quarter. ----- Transcript ----- Welcome to Thoughts on the Market. I'm Andrew Sheets, Global Head of Corporate Credit Research for Morgan Stanley. Along with my colleagues, bringing you a variety of perspectives, I'll be talking about trends across the global investment landscape and how w...

With China at risk of falling into a debt deflation loop, lessons from Japan's deflation journey could provide some insight. ----- Transcript ----- Daniel Blake: Welcome to Thoughts on the Market. I'm Daniel Blake from the Morgan Stanley Asia and Emerging Market Equity Strategy Team.  Laura Wang: And I'm Laura Wang, Chief China Equity Strategist.  Daniel Blake: And on this special episod...

The rise in Treasury yields, among other factors, has caused significantly tighter financial conditions. If these conditions slow growth in the fourth quarter, another rate hike this year seems unlikely. ----- Transcript ----- Welcome to Thoughts on the Market. I am Vishy Tirupattur, Morgan Stanley's Chief Fixed Income Strategist. Along with my colleagues, bringing you a variety of perspectives, I...

As the U.S. Federal Reserve keeps rates elevated, investors are selling off bonds in anticipation of new issues with higher yields, triggering a historic rout in the world's biggest bond markets. ----- Transcript ----- Welcome to Thoughts on the Market. I'm Matthew Hornbach, Morgan Stanley's Global Head of Macro Strategy. Along with my colleagues, bringing you a variety of perspectives, today, I'l...

As investor sentiment recovers this month in anticipation of a strong year end, it’s important to acknowledge the factors that make this year’s fundamentals different. ----- Transcript ----- Welcome to Thoughts on the Market. I'm Mike Wilson, Chief Investment Officer and Chief U.S. Equity Strategist for Morgan Stanley. Along with my colleagues bringing you a variety of perspectives, I'll be talkin...

Demographic changes are making women in the U.S. more powerful economic agents, driving spending and GDP. ----- Transcript ----- Welcome to Thoughts on the Market. I'm Ellen Zentner, Morgan Stanley's Chief U.S. Economist. Along with my colleagues bringing you a variety of perspectives, today, I'll take a closer look at women's role in the economy and the impact they could have over the next decade...

The automotive industry’s steady transition to “software-defined vehicles” could offer new entrants advantages against established incumbents. ----- Transcript ----- Lee Simpson: Welcome to Thoughts on the Market. I'm Lee Simpson, Head of Morgan Stanley's European Technology Hardware Team.  Shaqeal Kirunda: And I'm Shaqeal Kirunda, from Morgan Stanley's European Autos Team.  Lee Simpson:...

In the continuing transition to a multipolar world, geopolitical uncertainty is on the rise and new government policies could rewire global commerce. ----- Transcript ----- Welcome the Thoughts on the Market. I'm Michael Zezas, Global head of Fixed Income and Thematic Research for Morgan Stanley. Along with my colleagues bringing you a variety of perspectives, I'll be talking about the impact of r...

The asset management and wealth management sectors could see AI boost efficiency in the short term and drive alpha in the medium to long term. ----- Transcript ----- Mike Cyprys: Welcome to Thoughts on the Market. I'm Mike Cyprys, Morgan Stanley's Head of U.S. Brokers, Asset Managers and Exchanges Team.  Bruce Hamilton: And I'm Bruce Hamilton, Head of European Asset Management and Diversified...

The recent rise in long term yields and economic tightening raises the question of how restrictive U.S. financial conditions have become. ----- Transcript ----- Welcome to Thoughts on the Market. I'm Seth Carpenter, Morgan Stanley's Chief Global Economist, and along with my colleagues bringing you a variety of perspectives. Today, I'll be talking about the tightening of financial conditions. It's...

On the heels of a midsummer spike, long-end treasury yields have picked up further momentum, which has created complex implications for the Fed, the corporate credit market, and emerging market bonds. ----- Transcript ----- Welcome to Thoughts on the Market. I am Vishy Tirupattur, Morgan Stanley's Chief Fixed Income Strategist. Along with my colleagues, bringing you a variety of perspect...

Although inflation is largely under control in Asian economies, central banks could be pushed to respond if high U.S. yields meet rising oil prices. ----- Transcript ----- Welcome to Thoughts on the Market. Chetan Ahya, Morgan Stanley's Chief Economist. Along with my colleagues bringing you a variety of perspectives, today, I'll discuss how higher U.S. rates environment could affect Asia. It's Thu...

With Congress still without a Speaker of the House, investors should keep an eye on the impact that another potential government shutdown would have on the markets. ----- Transcript ----- Welcome to Thoughts on the Market. I'm Michael Zezas, Global Head of Fixed Income and Thematic Research for Morgan Stanley. Along with my colleagues bringing you a variety of perspectives, I'll be talking about t...

As companies integrate generative AI into enterprise software, a wide variety of jobs that depend on requesting or distributing data could be automated. ----- Transcript ----- Welcome to Thoughts on the Market. I'm Keith Weiss, Head of Morgan Stanley's U.S. Software Team. Along with my colleagues bringing you a variety of perspectives, today I'll discuss the significant potential impact from gener...

While U.S. consumer sentiment is on the decline, there are some categories that have remained stable as purse strings tighten. ----- Transcript ----- Welcome to Thoughts on the Market. I'm Michelle Weaver from the Morgan Stanley U.S. Equity Strategy Team. Along with my colleagues bringing you a variety of perspectives, today I'll give you an update on the U.S. consumer. It's Monday, October 9th at...

As bond yields continue to rise, credit has been more of a passenger than the driver of recent market volatility. -----Transcript ----- Andrew Sheets: Welcome to Thoughts in the Market. I'm Andrew Sheets, Morgan Stanley's Head of Corporate Credit Research.  Serena Tang: And I'm Serena Tang, Morgan Stanley's Chief Global Cross-Asset Strategist.  Andrew Sheets: And on the special episode o...

Here’s why convertible bonds, an often overlooked asset class, are becoming more attractive as an alternative to common stock. ----- Transcript ----- Welcome to Thoughts on the Market. I'm Todd Castagno, head of Morgan Stanley's Global Valuation Accounting Research Team. Along with my colleagues bringing you a variety of perspectives, today I'll be discussing the increasing attractiveness of the c...

Fundamentals for investment-grade credit remain resilient and steady, while below-grade credit continues to deteriorate.  ----- Transcript ----- Welcome to Thoughts on the Market. I am Vishy Tirupattur, Morgan Stanley's Chief Fixed Income Strategist. Along with my colleagues bringing you a variety of perspectives, I'll be talking about our views on corporate credit markets. It's Wednesday, Oc...

With online grocery shopping growing in popularity, artificial intelligence can improve the customer experience while increasing efficiency. ----- Transcript ----- Brian Nowak: Welcome to Thoughts on the Market. I'm Brian Nowak, Morgan Stanley's U.S. Internet Analyst.  Simeon Gutman: And I'm Simeon Gutman, Hard lines, Broad Lines and Food Retail Analyst.  Brian Nowak: On this special epi...