Thoughts on the Market
Episodes
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...
Why Markets Should Keep Running Hot
30 Jan 2026
Contributed by Lukas
Our Global Head of Fixed Income Andrew Sheets discusses key market metrics indicating that valuations should stay higher for longer, despite some inve...
Special Encore: What’s Driving European Stocks in 2026
30 Jan 2026
Contributed by Lukas
Original Release Date: January 16, 2026Our Head of Research Product in Europe Paul Walsh and Chief European Equity Strategist Marina Zavolock bre...
The Stakes of Another Government Shutdown
28 Jan 2026
Contributed by Lukas
Our Deputy Head of Global Research Michael Zezas explains why the risk of a new U.S. government shutdown is worth investor attention, but not overreac...
A Rebound for Hong Kong’s Property Market
27 Jan 2026
Contributed by Lukas
Our Head of Asian Gaming & Lodging and Hong Kong/India Real Estate Research Praveen Choudhary discusses the first synchronized growth cycle for Ho...
Four Key Themes Shaping Markets in 2026
26 Jan 2026
Contributed by Lukas
Our Global Head of Thematic and Sustainability Research Stephen Byrd discusses Morgan Stanley’s key investment themes for this year and ho...
How Consumers, CapEx and Fiscal Policy Are Driving Growth
23 Jan 2026
Contributed by Lukas
In the second of their two-part roundtable, Seth Carpenter and Morgan Stanley’s top economists break down the forces influencing growth across ...
Mapping Global Central Bank Paths
22 Jan 2026
Contributed by Lukas
Our Global Chief Economist Seth Carpenter joins our chief regional economists to discuss the outlook for interest rates in the U.S., Japan and Europe....
Pricing in Trump’s Speech at Davos
22 Jan 2026
Contributed by Lukas
All eyes have been on President Trump’s address at the World Economic Forum. Michael Zezas, our Deputy Global Head of Research, and Ariana Salvatore...
Housing Market: Limited Impact from Policy
20 Jan 2026
Contributed by Lukas
Our co-heads of Securitized Products Jay Bacow and James Egan explain why recent U.S. government measures won’t change much the outlook for mortgage...
What’s Driving European Stocks in 2026
16 Jan 2026
Contributed by Lukas
Our Head of Research Product in Europe Paul Walsh and Chief European Equity Strategist Marina Zavolock break down the main themes for European stocks ...
The Boost From Easing Market Rules
15 Jan 2026
Contributed by Lukas
Our Global Head of Fixed Income Research Andrew Sheets looks at the implications of the U.S. government’s efforts to ease regulations, from bank bal...
The Case for India’s Market Comeback
14 Jan 2026
Contributed by Lukas
Our Head of India Research and Chief India Equity Strategist Ridham Desai addresses a big debate: whether India stocks are poised for a recovery after...
Will U.S. Manufacturing See a 2026 Boom?
13 Jan 2026
Contributed by Lukas
Our U.S. Thematic Strategist Michelle Weaver and U.S. Multi-Industry Analyst Chris Snyder discuss a North America Big Debate for 2026: Whether investm...
Why Markets Stay Steady Amid Venezuela Developments
12 Jan 2026
Contributed by Lukas
Our Chief Fixed Income Strategists Vishy Tirupattur discusses the calm market reaction to the latest developments in Venezuela and the potential impli...
Signals Align for a Growth Cycle
09 Jan 2026
Contributed by Lukas
Our Global Head of Fixed Income Research Andrew Sheets takes a look at multiple indicators that are pointing on the same direction: strong growth for ...
Driverless Cars Take the Fast Lane
08 Jan 2026
Contributed by Lukas
Our Head of U.S. Internet Research Brian Nowak and Andrew Percoco, Head of North America Autos and Shared Mobility Research, discuss why adoption of a...
A Revolution in Credit Markets
07 Jan 2026
Contributed by Lukas
Our Chief Fixed Income Strategist Vishy Tirupattur is joined by Dan Toscano, the firm’s Chairman of Markets in Private Equi...
How Venezuela Events Could Affect Markets and Policy
06 Jan 2026
Contributed by Lukas
Our Deputy Director of Global Research Michael Zezas and our U.S. Public Policy Strategist Ariana Salvatore discuss the implications of the U.S action...
The Bullish Signals That Investors Overlook
05 Jan 2026
Contributed by Lukas
Our CIO and Chief U.S. Equity Strategist Mike Wilson discusses key catalysts that investors may be missing, but that are likely to boost U.S. equities...
Bigger Tax Refunds Likely to Power the Economy
02 Jan 2026
Contributed by Lukas
Our U.S. Economist Heather Berger discusses how larger tax refunds in 2026 could boost income and help support consumer balance sheets throughout the ...
Special Encore: What’s Driving U.S. Growth in 2026
31 Dec 2025
Contributed by Lukas
Original Release Date: November 25, 2025Our Chief U.S. Economist Michael Gapen breaks down how growth, inflation and the AI revolution could play out ...
Special Encore: Investors’ Top Questions for 2026
30 Dec 2025
Contributed by Lukas
Original Release Date: December 3, 2025Our Global Head of Fixed Income Research and Public Policy Strategy Michael Zezas and Chief Global Cross-Asset ...
Special Encore: Who’s Disrupting — and Funding — the AI Boom
29 Dec 2025
Contributed by Lukas
Original Release Date: November 13, 2025Live from Morgan Stanley’s European Tech, Media and Telecom Conference in Barcelona, our roundtable of analy...
Special Encore: 2026 U.S. Outlook: The Bull Market’s Underappreciated Narrative
26 Dec 2025
Contributed by Lukas
Original Release Date: November 19, 2025Our CIO and Chief U.S. Equity Strategist Mike Wilson explains why he continues to hold on to an out-of-co...
Special Encore: 2026 Global Outlook: Slower Growth and Inflation
24 Dec 2025
Contributed by Lukas
Original Release Date: November 17, 2025In the first of a two-part episode presenting our 2026 outlooks, Chief Global Cross-Asset Strategist Serena Ta...
Will the Data Center Boom Impact Your Wallet?
23 Dec 2025
Contributed by Lukas
Our Thematic and Equity Strategist Michelle Weaver and Power, Utilities, and Clean Tech Analyst David Arcaro discuss how investments in AI data center...
Rebalancing Portfolios as Risk Premiums Drop
22 Dec 2025
Contributed by Lukas
Our Chief Cross-Asset Strategist Serena Tang discusses how current market conditions are challenging traditional investment strategies and what that m...
How Will Credit Markets Fare in 2026?
19 Dec 2025
Contributed by Lukas
To conclude their two-part discussion, our Head of Corporate Credit Research Andrew Sheets and Chief Investment Officer for Morgan Stanley Wealth Mana...
How to Navigate a High Inflation Regime
18 Dec 2025
Contributed by Lukas
Our Head of Corporate Research Andrew Sheets and Chief Investment Officer for Morgan Stanley Wealth Management Lisa Shalett unpack what’s fueling pe...
U.S. Policy Breaks Past Peak Uncertainty
17 Dec 2025
Contributed by Lukas
Our Public Policy Strategists Michael Zezas and Ariana Salvatore break down key moves from the White House, U.S. Congress and Supreme Court that could...
Where Investors Agree—or Don’t—With Our 2026 Outlook
16 Dec 2025
Contributed by Lukas
Our Chief Fixed Income Strategist Vishy Tirupattur responds to some of the feedback from clients on Morgan Stanley’s 2026 global outlooks.Read more&...
Why Market Stability Matters to the Fed
15 Dec 2025
Contributed by Lukas
Our CIO and Chief U.S. Equity Strategist Mike Wilson explains the significance of the Fed’s decision to resume buying $40 billion of Treasury bills ...
Is the Credit Cycle Overheating?
12 Dec 2025
Contributed by Lukas
Our Head of Corporate Credit Research Andrew Sheets explains why 2026 might bring a credit cycle that burns hotter before it burns out.Read more ...
Fed’s Next Steps and Markets’ Reactions
11 Dec 2025
Contributed by Lukas
Our Global Head of Macro Strategy Matthew Hornbach and Chief U.S. Economist Michael Gapen discuss the Fed’s path as inflation remains above its targ...
Asia’s Economy and Markets in 2026
10 Dec 2025
Contributed by Lukas
Our Chief Asia Economist Chetan Ahya and Chief China Equity Strategist Laura Wang unpack Asia’s broadening economic recovery and focus on China’s ...
The Outlook for European Stocks in 2026
09 Dec 2025
Contributed by Lukas
Our Head of Research Product in Europe Paul Walsh and Chief European Equity Strategist Marina Zavolock break down the key drivers, risks, and sector s...
Stocks in 2026: What’s Next for Retail Investors
08 Dec 2025
Contributed by Lukas
Mike Wilson, our CIO and Chief U.S. Equity Strategist, and Dan Skelly, Senior Investment Strategist at Morgan Stanley Wealth Management, discuss the o...
AI Rewrites the Retail Playbook
05 Dec 2025
Contributed by Lukas
Live from the Morgan Stanley Global Consumer & Retail Conference, our analysts discuss how AI is reshaping the future of shopping in the U.S.Read ...
Trends and Challenges for Consumers in 2026
04 Dec 2025
Contributed by Lukas
Live from the Morgan Stanley Global Consumer & Retail Conference in New York, our analysts discuss the latest macro trends and pressures impacting...
Investors’ Top Questions for 2026
03 Dec 2025
Contributed by Lukas
Our Global Head of Fixed Income Research and Public Policy Strategy Michael Zezas and Chief Global Cross-Asset Strategist Serena Tang address themes t...
AI Sparks New Economics for Electricity
02 Dec 2025
Contributed by Lukas
Our South Asia Energy Analyst Mayank Maheshwari discusses how the unprecedented demand to power AI is set to transform the power industry for years to...
Home Affordability Still Under Pressure
01 Dec 2025
Contributed by Lukas
Our Co-Heads of Securitized Product Research Jay Bacow and James Egan discuss the outlook for mortgage rates and the U.S. housing market in 2026.Read ...
Special Encore: How Japan’s Stablecoin Could Reshape Global Finance
28 Nov 2025
Contributed by Lukas
Original Release Date: October 31, 2025Our Japan Financials Analyst Mia Nagasaka discusses how the country’s new stablecoin regulations and digital ...
Special Encore: An Unprecedented Wave of Inheritances Is Coming
26 Nov 2025
Contributed by Lukas
Original Release Date: October 10, 2025Our U.S. Thematic and Equity Strategist Michelle Weaver discusses how the largest intergenerational wealth tran...
What’s Driving U.S. Growth in 2026
25 Nov 2025
Contributed by Lukas
Our Chief U.S. Economist Michael Gapen breaks down how growth, inflation and the AI revolution could play out in 2026.Read more insights fro...
Bull Market Keeps an Eye on the Fed
24 Nov 2025
Contributed by Lukas
Our CIO and Chief U.S. Equity Strategist Mike Wilson explains why investors might want to reassess their portfolios, keeping in mind the gap between m...
AI Capex Boom Puts Credit Markets to the Test
21 Nov 2025
Contributed by Lukas
As market murmurs about an AI bubble, our Head of Corporate Credit Research Andrew Sheets offers some perspective on the impacts of the increasing dem...
2026 Global Outlook: Micro Themes Take the Spotlight
20 Nov 2025
Contributed by Lukas
Live from Morgan Stanley’s Asian Pacific Summit, our Chief Fixed Income Strategist Vishy Tirupattur explains why micro trends are likely to be more ...
2026 U.S. Outlook: The Bull Market’s Underappreciated Narrative
19 Nov 2025
Contributed by Lukas
Our CIO and Chief U.S. Equity Strategist Mike Wilson explains why he continues to hold on to an out-of-consensus view of a growth positive 2026, ...
2026 Global Outlook: A Strong Year for Risk Assets
18 Nov 2025
Contributed by Lukas
Our Chief Global Economist Seth Carpenter and Global Cross-Asset Strategist Serena Tang return to conclude their two-part episode on 2026 outlook...
2026 Global Outlook: Slower Growth and Inflation
17 Nov 2025
Contributed by Lukas
In the first of a two-part episode presenting our 2026 outlooks, Chief Global Cross-Asset Strategist Serena Tang has Chief Global Economist Seth Carpe...
2026 Midterm Elections: What’s at Stake for Markets
14 Nov 2025
Contributed by Lukas
Michael Zezas, our Global Head of Fixed Income Research and Public Policy Strategy, highlights what investors need to watch out for ahead of next year...
Who’s Disrupting — and Funding — the AI Boom
13 Nov 2025
Contributed by Lukas
Live from Morgan Stanley’s European Tech, Media and Telecom Conference in Barcelona, our roundtable of analysts discusses tech disruptions and datac...
Europe in the Global AI Race
13 Nov 2025
Contributed by Lukas
Live from Morgan Stanley’s European Tech, Media and Telecom conference in Barcelona, our roundtable of analysts discuss artificial intelligence in E...
Crypto Goes Mainstream
11 Nov 2025
Contributed by Lukas
Our Research Analyst Michael Cyprys joins Wealth Management Strategist Denny Galindo to discuss how and why cryptocurrencies are transi...
Relief and Volatility Ahead for U.S. Stocks
10 Nov 2025
Contributed by Lukas
Our CIO and Chief U.S. Equity Strategist Mike Wilson unpacks why stocks are likely to stay resilient despite uncertainties related to Fed rates, gove...
Fed’s Path Uncertain as Key Data Lags
07 Nov 2025
Contributed by Lukas
Our Chief U.S. Economist Michael Gapen and Global Head of Macro Strategy Matthew Hornbach discuss potential next steps for the FOMC and the risks to t...
Supreme Court Tests Trump Tariffs
06 Nov 2025
Contributed by Lukas
Earlier this week, the U.S. Supreme Court heard a case challenging the current administration’s tariff policy. Our Head of Fixed Income Research and...
Future of Work: AI’s Paradigm Shift for Labor
05 Nov 2025
Contributed by Lukas
Concluding a two-part roundtable discussion, our global heads of Research, Thematic Research and Firmwide AI focus on the human impacts of AI adoption...
Future of Work: AI’s Impact on Industries
04 Nov 2025
Contributed by Lukas
In the first of a two-part roundtable discussion, our Global Head of Research joins our Global Head of Thematic Research and Head of Firmwide AI to di...
More Confidence in a Bull Market
03 Nov 2025
Contributed by Lukas
Our CIO and Chief U.S. Equity Strategist Mike Wilson looks at buying opportunities approaching year-end, as U.S. trade policy and the Fed find middle ...
How Japan’s Stablecoin Could Reshape Global Finance
31 Oct 2025
Contributed by Lukas
Our Japan Financials Analyst Mia Nagasaka discusses how the country’s new stablecoin regulations and digital payments are set to transform the flow ...
Why Shutdown Standoff Raises Stakes for Healthcare
30 Oct 2025
Contributed by Lukas
Our analysts Ariana Salvatore and Erin Wright explain the pivotal role of healthcare in negotiations to end the government shutdown.Read more ins...
M&A Poised to Gain Momentum
29 Oct 2025
Contributed by Lukas
Our Head of Corporate Credit Research Andrew Sheets explains why the recent revival of M&A activity has room to accelerate.Read more ins...