Thoughts on the Market

The Obstacles to Buying a First Home

23 Jun 2026

Contributed by Lukas

First-time homebuyers may get short windows of relief, but our co-head of Securitized Products Research James Egan and Senior Economist and Strategist...

Why Warsh May Let Markets Sweat

22 Jun 2026

Contributed by Lukas

Our CIO and Chief U.S. Equity Strategist Mike Wilson reacts to Kevin Warsh’s first Fed meeting, explaining why the new chair’s credibility may req...

Inside the AI Debt Surge

18 Jun 2026

Contributed by Lukas

As AI investment keeps growing, our strategists Carolyn Campbell and Vishwas Patkar discuss the many ways tech infrastructure gets financed and the op...

Can Policy Solve AI’s Chipflation?

17 Jun 2026

Contributed by Lukas

AI’s appetite for memory has turned chips into an inflationary factor. Our U.S. Public Policy Strategist Ariana Salvatore looks at what policymakers...

Warsh’s Opening Act at the Fed

16 Jun 2026

Contributed by Lukas

Our Global Head of Macro Strategy Matthew Hornbach and our Chief U.S. Economist Michael Gapen discuss the signals investors will be seeking from the n...

The Bull Case After the Pullback in Stocks

15 Jun 2026

Contributed by Lukas

Our CIO and Chief U.S. Equity Strategist Mike Wilson explains why the recent equity correction may be more reset than reversal and where investors may...

India’s Next Market Phase

12 Jun 2026

Contributed by Lukas

Chief Asia Economist Chetan Ahya joins Head of India Research and Chief India Equity Strategist Ridham Desai to break down India’s macro outlook, ca...

Inflation Relief Ahead?

11 Jun 2026

Contributed by Lukas

Our Global Head of Fixed Income Research Andrew Sheets explains our differentiated view of a potential benign outlook for inflation, despite the recen...

Who Owns Travel Loyalty?

10 Jun 2026

Contributed by Lukas

Morgan Stanley analysts Ravi Shanker and Jeff Adelson take a look at what the fight for affluent, loyal travelers could mean for banks and airlines.&n...

Asia’s Race to Power AI

09 Jun 2026

Contributed by Lukas

As AI demand surges, our Asia Energy Analyst Mayank Maheshwari discusses the new multi-trillion-dollar investment cycle to secure the power, fuels, gr...

The High Cost of AI Memory

08 Jun 2026

Contributed by Lukas

The Head of our Europe and Asia Technology Team, Shawn Kim, explains how AI’s appetite for memory chips is boosting the cost of everything from data...

What New Tariffs Mean for Investors

05 Jun 2026

Contributed by Lukas

Trade policy is once again in the news with the announcement of new tariffs. Our Head of Public Policy Research Ariana Salvatore digs into why tariffs...

Why Oil Supply May Stay Tight for Months

04 Jun 2026

Contributed by Lukas

Our Global Commodities Strategist Martijn Rats discusses why the restart of oil flows through the Strait of Hormuz may be slower and tighter than the ...

AI Borrowing Creates a New Credit Playbook

03 Jun 2026

Contributed by Lukas

Chief Fixed Income Strategist Vishy Tirupattur takes a look at how credit markets are adapting to fund the new phase of AI capex.Read more insights fr...

When Stocks, Bonds and Oil Move Together

02 Jun 2026

Contributed by Lukas

Our Global Head of Fixed Income Research Andrew Sheets takes a closer look at potential investment paths when markets appear increasingly synchronized...

Pet Industry and the Bite of Higher Costs

01 Jun 2026

Contributed by Lukas

Our U.S. Hardlines, Broadlines and Food Retail Analyst Simeon Gutman explains how affordability and new shopping habits are changing how Americans cho...

Finding Value in Commercial Real Estate Credit

29 May 2026

Contributed by Lukas

Commercial real estate debt is now one of the market’s most avoided asset classes. Our Global Head of Fixed Income Research Andrew Sheets explains w...

What Changed After the U.S.-China Summit?

28 May 2026

Contributed by Lukas

Our Deputy Global Head of Research Michael Zezas explains why the recent U.S.-China summit may have eased near-term risks, without changing the bigger...

The Battle for the Future of Gaming

27 May 2026

Contributed by Lukas

As AI changes the video game industry, Matt Cost, from Morgan Stanley’s U.S. Internet team, takes us through the game play and what could drive the ...

Asia’s Capex Boom Goes Beyond AI

26 May 2026

Contributed by Lukas

Our Chief Asia Economist Chetan Ahya looks at why spending not only on AI, but also on energy and defense, could drive Asia's strongest industrial cyc...

The New Japan Trade

22 May 2026

Contributed by Lukas

The conclusion of our two-part episode from Morgan Stanley and MUFG’s Japan Summit looks at structural shifts in Japan’s economy and Prime Ministe...

What’s Driving Japan’s Market Momentum

21 May 2026

Contributed by Lukas

Recorded live at the Morgan Stanley and MUFG Japan Summit, our Global Chief Economist and Head of Macro Research Seth Carpenter led a discussion on As...

Why the UK’s Economy May Surprise Investors Again

20 May 2026

Contributed by Lukas

Our Global Head of Fixed Income Research Andrew Sheets and Chief UK Economist Bruna Skarica discuss why they see a more constructive UK outlook than m...

The Case for Staying Bullish on Equities

19 May 2026

Contributed by Lukas

Despite recent pressure on stocks, our CIO and Chief U.S. Equity Strategist Mike Wilson argues that earnings and AI’s impact remain stronger than ma...

How Digital Assets Are Changing Banking

18 May 2026

Contributed by Lukas

Our Global Head of Banks and Diversified Finance Research Betsy Graseck explains how digital assets could reshape market infrastructure and how money ...

Investing Through an Uneasy Boom

15 May 2026

Contributed by Lukas

Our Chief Cross-Asset Strategist Serena Tang explains why investors should stay constructive in 2026, even as oil prices and geopolitics add volatilit...

Global Growth Faces an Energy Test

14 May 2026

Contributed by Lukas

Our Global Chief Economist and Head of Macro Strategy Seth Carpenter gives his midyear outlook, highlighting why AI investment and U.S. consumers rema...

What to Expect From the U.S.-China Summit

13 May 2026

Contributed by Lukas

Our Head of Public Policy Research Ariana Salvatore goes through the main topics on the table during the meeting between Presidents Trump and Xi: Taiw...

How Your Body Data Could Reshape Sectors

12 May 2026

Contributed by Lukas

Our U.S. Healthcare Analyst Erin Wright discusses how health tracking and preventive diagnostics could influence healthcare costs and different indust...

Why AI Funding Is So Price-Insensitive

11 May 2026

Contributed by Lukas

Our Global Head of Fixed Income Research Andrew Sheets explains the economic theory behind the unwavering spending on AI infrastructure.Read...

The New Playbook for Real Estate Net Lease Investing

08 May 2026

Contributed by Lukas

As real estate values reset and cap rates widen, net lease is back in focus—but the approach has changed. Ron Kamdem and Hank D’Alessandro explain...

Special Encore: AI’s Next Big Leap

07 May 2026

Contributed by Lukas

Original Release Date: April 28, 2026Tom Wigg and Stephen Byrd discuss the accelerating pace of AI breakthroughs, the forces driving them and why the ...

How Long Can Markets Ignore the Oil Supply Shock?

06 May 2026

Contributed by Lukas

Despite the historical energy disruption from the Iran conflict, stocks are back to record highs. Our Global Head of Fixed Income Research Andrew Shee...

AI’s Shift From Thinking to Taking Action

05 May 2026

Contributed by Lukas

Our Head of Europe and Asia Technology Research Shawn Kim discusses AI’s move from passive chatbots to active agents—and how this influences tech ...

Hard Lessons: Rick Rieder

05 May 2026

Contributed by Lukas

Introducing a recent episode of Hard Lessons, featuring Rick Rieder, BlackRock’s CIO for Global Fixed Income and Head of the Global Allocation ...

Why Stocks Keep Rallying

04 May 2026

Contributed by Lukas

Our CIO and Chief U.S. Equity Strategist Mike Wilson explains the factors behind stock gains across sectors.Read more insights from Mor...

AI and Jobs: What Data and History Say

01 May 2026

Contributed by Lukas

Our Global Chief Economist and Head of Macro Research Seth Carpenter discusses whether the economy can adapt fast enough to turn AI into a productivit...

The Metric Taking Over Earning Season

30 Apr 2026

Contributed by Lukas

Capital spending usually signals how a company is positioning itself for the future. Our Global Head of Fixed Income Research Andrew Sheets explains w...

Midterm Elections, Affordability and the Fed

29 Apr 2026

Contributed by Lukas

Still six months out, the U.S. midterm elections are likely to influence government initiatives to deal with higher energy costs. Our Head of Public P...

AI’s Next Big Leap

28 Apr 2026

Contributed by Lukas

Tom Wigg and Stephen Byrd discuss the accelerating pace of AI breakthroughs, the forces driving them and why the next phase of development may look ve...

Can Stock Momentum Hold Up?

27 Apr 2026

Contributed by Lukas

Major U.S. stock indexes have rebounded sharply in recent weeks. Our CIO and Chief U.S. Equity Strategist Mike Wilson discusses the fundamentals ...

Warsh’s Plan to Change the Fed

24 Apr 2026

Contributed by Lukas

Kevin Warsh, President Trump’s nominee for the next Fed Chair, testified in front of the Senate earlier this week. Our Global Head of Fixed Income R...

The Hidden Toll of Tariffs

23 Apr 2026

Contributed by Lukas

Our Global Chief Economist and Head of Macro Research Seth Carpenter asks Mayank Phadke, a member of his team, to give up an update on tariffs and the...

U.S. Midterms: What Investors Should Watch

22 Apr 2026

Contributed by Lukas

Although the conflict in Iran keeps dominating the news cycle, investors have an eye on the upcoming U.S. midterm elections. Our Deputy Global Head of...

Warnings and Winners From the IMF Meetings

21 Apr 2026

Contributed by Lukas

Back from the IMF Spring Meetings in Washington, Simon Waever and Seth Carpenter unpack what policy makers and investors could be underpricing: the gr...

Where Investment Themes Intersect and Beat Markets

20 Apr 2026

Contributed by Lukas

Our Global Head of Thematic and Sustainability Research Stephen Byrd unpacks how major investment themes for 2026 are increasingly interconnected, gen...

The Real Drivers of GLP-1 Growth

17 Apr 2026

Contributed by Lukas

Our Head of U.S. Pharma and Biotech Terence Flynn discusses how the rapid pace of adoption of weight management treatments could have far-reaching imp...

Markets Eye Hungary’s Political Shift

16 Apr 2026

Contributed by Lukas

Our Global Head of Fixed Income Research Andrew Sheets breaks down how Péter Magyar’s win in Hungary’s election could smooth relations ...

Economic Roundtable: Structural Fallouts From the Iran Conflict

15 Apr 2026

Contributed by Lukas

Our Global Chief Economist Seth Carpenter concludes the two-part discussion with chief regional economists Michael Gapen, Jens Eisenschmidt and Chetan...

Economic Roundtable: Energy Shock & Central Banks’ Action

14 Apr 2026

Contributed by Lukas

In this first of a two-part discussion, our Global Chief Economist Seth Carpenter leads a discussion with chief regional economists Michael Gapen, Jen...

Mounting Evidence of a Market Rebound

13 Apr 2026

Contributed by Lukas

Our CIO and Chief U.S. Equity Strategist Mike Wilson shares his perspective on why investors should position for a stock market recovery despite ongoi...

Making Sense of Mixed Market Signals

10 Apr 2026

Contributed by Lukas

Despite a historic disruption to global energy markets, the stock market remains resilient. Our Global Head of Fixed Income Research Andrew Sheets sug...

U.S Consumer Spending Meets Caution

09 Apr 2026

Contributed by Lukas

Our U.S. Thematic and Equity Strategist Michelle Weaver breaks down the results of a new survey on U.S. consumer spending and confidence.Read more&nbs...

U.S.-Iran Truce: What’s Next?

08 Apr 2026

Contributed by Lukas

While a tentative ceasefire in the Middle East holds, the Strait of Hormuz continues to be a sticking point in diplomatic efforts. Our Deputy Global H...

The Real Risks of Oil Price Spikes

07 Apr 2026

Contributed by Lukas

A supply-driven oil shock may start with inflation, but Morgan Stanley’s Senior Global Economist Rajeev Sibal discusses why investors need to unders...

Riding the Final Innings of the Market Correction

06 Apr 2026

Contributed by Lukas

Our CIO and Chief U.S. Equity Strategist Mike Wilson talks about risks in this late stage of the equity market pullback, how investors should position...

How the Oil Shock Is Reshaping Markets

02 Apr 2026

Contributed by Lukas

Our Chief Cross-Asset Strategist Serena Tang discusses why the closure of the Strait of Hormuz and its impact on oil prices could define the entire ma...

Oil Markets Ahead: Pricing In More Risk

01 Apr 2026

Contributed by Lukas

As the Strait of Hormuz continues to be a chokepoint for oil, our Global Head of Fixed Income Research Andrew Sheets and our Head of Commodity Researc...

A New Test for Private Credit

31 Mar 2026

Contributed by Lukas

Our Chief Fixed Income Strategist Vishy Tirupattur and Morgan Stanley Investment Management’s Global Head of Private Credit & Equity David Mille...

A Bull Market May Be Closer Than It Looks

30 Mar 2026

Contributed by Lukas

The stock market has already discounted many disruptions, including geopolitics, oil and AI. Our CIO and Chief U.S. Equity Strategist Mike Wilson expl...

Inside Credit Market’s Issuance Boom and Private Lending Risks

27 Mar 2026

Contributed by Lukas

Our Global Head of Fixed Income Andrew Sheets and Head of U.S. Credit Strategy Vishwas Patkar discuss what’s driving record debt issuance and growin...

Why Fed Rate Cuts Could Be Pushed Back

26 Mar 2026

Contributed by Lukas

Our Global Head of Macro Strategy Matthew Hornbach and our Chief U.S. Economist Michael Gapen discuss how oil prices, tariffs and inflation expectatio...

Can Government Action Tame Rising Energy Prices?

25 Mar 2026

Contributed by Lukas

Our Head of Public Policy Research Ariana Salvatore breaks down what’s being discussed by policymakers around the world to try to cap the ...

Oil Markets Are Even Tighter Than They Appear

24 Mar 2026

Contributed by Lukas

Our Global Commodities Strategist Martijn Rats discusses how the Strait of Hormuz shutdown has created a deep air pocket that will likely keep markets...

Asia’s Energy Dependence Meets a Narrow Strait

23 Mar 2026

Contributed by Lukas

Our Asia Energy Analyst Mayank Maheshwari discusses how the conflict in the Middle East is sending ripple effects through Asia’s energy, p...

‘March Madness’ for Markets Too

20 Mar 2026

Contributed by Lukas

As the Iran conflict upends market narratives, our Global Head of Fixed Income Research Andrew Sheets offers his take on how to view the historic...

Europe’s Banks Navigate Uncertainty

19 Mar 2026

Contributed by Lukas

Live from Morgan Stanley’s European Financials Conference, our Head of European Banks Alvaro Serrano and European Equity Research Banks Analyst...

Oil Shock Hits the U.S. Consumer

18 Mar 2026

Contributed by Lukas

A prolonged oil disruption is pushing gas prices higher. Arunima Sinha from our U.S. and Global Economics team joins Head of U.S. Policy Strategy...

Japan’s Bull Market Takes Shape

17 Mar 2026

Contributed by Lukas

Morgan Stanley MUFG ’s Japan Equity Strategist Sho Nakazawa talks about the sectors that are leading the current rebound of Japanese stocks and why ...

Is the Market Correction Ending?

16 Mar 2026

Contributed by Lukas

With volatility and oil prices up while Fed policy is easing, our CIO and Chief U.S. Equity Strategist Mike Wilson breaks down why toda...

The Looming Bottleneck for Global Tech

13 Mar 2026

Contributed by Lukas

Our Head of Asia Technology Research Shawn Kim explains what disruptions to shipping in the Strait of Hormuz could mean for the global semiconductor s...

What Could Make U.S. Homes More Affordable

12 Mar 2026

Contributed by Lukas

Our co-heads of Securitized Products Research Jay Bacow and James Egan discuss the impact of upcoming regulatory changes on U.S. mortgage rates and ho...

The 20 million Barrels of Oil Conundrum

11 Mar 2026

Contributed by Lukas

Our analysts Andrew Sheets and Martijn Rats discuss why a prolonged disruption of oil flow through the Strait of Hormuz would be unprecedented—and n...

Oil Rally Tests Diversification Strategy

10 Mar 2026

Contributed by Lukas

Our Chief Cross-Asset Strategist Serena Tang discusses how rising oil prices and geopolitical tensions could make stocks and bonds move in the same di...

The Reasons for the Bull Market to Resume

09 Mar 2026

Contributed by Lukas

Our CIO and Chief U.S. Equity Strategist Mike Wilson explains why history, technicals and fundamentals suggest a clearer runway for U.S. sto...

AI’s $3 Trillion Question: How to Pay the Bill?

06 Mar 2026

Contributed by Lukas

In the second of our two-part panel discussion from Morgan Stanley’s TMT conference, our analysts break down the complexity of financing AI’s infr...

AI’s Tangible Wins and Disruption

06 Mar 2026

Contributed by Lukas

Live from Morgan Stanley’s TMT conference, our panel break down where AI is already delivering real returns—and where rapid advances are raising n...

Pricing the Conflict With Iran

04 Mar 2026

Contributed by Lukas

Our Deputy Global Head of Research Michael Zezas and Head of Public Policy Research Ariana Salvatore assess the potential market outcomes of the Middl...

Travel Becomes a New Growth Engine for China

03 Mar 2026

Contributed by Lukas

Our Hong Kong/China Transportation & Infrastructure Analyst Qianlei Fan discusses how China’s travel industry is shifting from a post-pandemic r...

The Risks of Private Credit's Software Exposure

02 Mar 2026

Contributed by Lukas

Our Chief Fixed Income Strategist Vishy Tirupattur and U.S. Head of Credit Strategy Vishwas Patkar discuss the implications of private credit’s expo...

AI as New Global Power?

27 Feb 2026

Contributed by Lukas

Our Deputy Head of Global Research Michael Zezas and Stephen Byrd, Global Head of Thematic and Sustainability Research, discuss how the...

Oil Rallies on Fresh Uncertainty

26 Feb 2026

Contributed by Lukas

Our Global Commodities Strategist Martijn Rats discusses the geopolitical drivers behind the recent spike in oil prices and outlines four Iran scenari...

Special Encore: For Better or Warsh

26 Feb 2026

Contributed by Lukas

Original Release Date: Feb 6, 2026Our Global Head of Fixed Income Research Andrew Sheets and Global Chief Economist Seth Carpenter unpack the inner wo...

Why Stocks Keep Rising Despite AI Anxiety

24 Feb 2026

Contributed by Lukas

Our CIO and Chief U.S. Equity Strategist Mike Wilson explains why he still believes in a growth cycle for equity markets, even as investors show growi...

Global Trade in Flux: What’s Next After Tariff Ruling

23 Feb 2026

Contributed by Lukas

The Supreme Court's latest ruling on tariffs has thrown existing trade agreements into uncertainty. Our Head of Public Policy Research Ariana Salvator...

AI at Work: The Transformation Is Already Underway

20 Feb 2026

Contributed by Lukas

Our Head of European Sustainability Research Rachel Fletcher talks about how AI’s is quickly reshaping employment and productivity across key indust...

Could the U.S. Target a Weaker Dollar?

19 Feb 2026

Contributed by Lukas

Our Global Head of FX and EM Strategy James Lord and Global Chief Economist Seth Carpenter discuss what’s driving the U.S. policy for the dollar and...

The Political Cost of the AI Buildout

18 Feb 2026

Contributed by Lukas

More Americans are blaming the AI infrastructure expansion for rising electricity bills. Our Head of Public Policy Research Ariana Salvatore explains ...

A Novel Way to Shop Online

17 Feb 2026

Contributed by Lukas

Our Head of U.S. Internet Research Brian Nowak joins U.S. Small and Mid-Cap Internet Analyst Nathan Feather to explain why the future of agentic comme...

Introducing Hard Lessons

16 Feb 2026

Contributed by Lukas

Iconic investors sit down with Morgan Stanley leaders to go behind the scenes on the critical moments – both successes and setbacks – that shaped ...

Why a Tariff Ruling Could Mean Consumer Relief

13 Feb 2026

Contributed by Lukas

Arunima Sinha, from the U.S. and Global Economics team, discusses how an upcoming Supreme Court decision could reshape consumer prices, retail margins...

Signs That Global Growth May Be Ahead

12 Feb 2026

Contributed by Lukas

Our Global Head of Fixed Income Research Andrew Sheets explains how key market indicators reflect a constructive view around the global cyclical outlo...

The Future of North American Trade

11 Feb 2026

Contributed by Lukas

With the U.S.-Canada-Mexico Agreement coming up for review, our Head of Public Policy Research Ariana Salvatore unpacks whether our 2025 call for deep...

A Thematic Look at Market Volatility

10 Feb 2026

Contributed by Lukas

Our Global Head of Thematic and Sustainability Research Stephen Byrd and U.S. Thematic and Equity Strategist Michelle Weaver lay out Morgan Stanley’...

Why Latin America’s ‘Trifecta’ Could Reshape Global Portfolios

09 Feb 2026

Contributed by Lukas

Our Chief LatAm Equity Strategist Nikolaj Lippmann discusses why Latin America may be approaching a rare “Spring” moment – where geopolitics, pe...

For Better or Warsh

06 Feb 2026

Contributed by Lukas

Our Global Head of Fixed Income Research Andrew Sheets and Global Chief Economist Seth Carpenter unpack the inner workings of the Federal Reserve to i...

The Fed’s Course Under a New Chair

05 Feb 2026

Contributed by Lukas

Our Global Head of Macro Strategy Matthew Hornbach and Chief U.S. Economist Michael Gapen discuss the path for U.S. interest rates after the nominatio...

Affordability Takes Center Stage in U.S. Policy

04 Feb 2026

Contributed by Lukas

Affordability is back in focus in D.C. after the brief U.S. shutdown. Our Deputy Global Head of Research Michael Zezas and Head of Public Policy Resea...

A New Playbook for Equity Investors

03 Feb 2026

Contributed by Lukas

Our Chief Cross-Asset Strategist Serena Tang and senior leaders from Investment Management Andrew Slimmon and Jitania Kandhari unpack new investment t...

New Fed Chair, New Market Signals

02 Feb 2026

Contributed by Lukas

Our CIO and Chief U.S. Equity Strategist Mike Wilson discusses how the nomination of Kevin Warsh to lead the Fed could move markets.Read more ins...