Podcast · 319 episodes
Thoughts on the Market, page 10
by Morgan Stanley · English
Short, thoughtful and regular takes on recent events in the markets from a variety of perspectives and voices within Morgan Stanley.
All episodes, page 10
AI Capex Boom Puts Credit Markets to the TestHow the AI-driven capex boom by technology hyperscalers is increasing credit supply and testing corporate credit markets, after a long period of low supply concerns.21 Nov 2025 · 4 min · 3 chapters
2026 Global Outlook: Micro Themes Take the SpotlightMorgan Stanley’s Vishy Tirupattur discusses the 2026 global fixed-income outlook, arguing that “micro-trends” (especially AI financing) will drive markets more than macro shocks, supporting a…20 Nov 2025 · 5 min · 4 chapters
2026 U.S. Outlook: The Bull Market’s Underappreciated NarrativeMorgan Stanley CIO Mike Wilson’s 2026 U.S. equity outlook, arguing the bull market/rolling recovery began in April after a multi-year “rolling recession,” and that the market’s narrative is…19 Nov 2025 · 5 min · 2 chapters
2026 Global Outlook: A Strong Year for Risk Assets2026 outlook for investing across regions and asset classes, arguing for a “risk-on” tilt as policy becomes unusually pro-cyclical and earnings benefit.18 Nov 2025 · 11 min · 6 chapters
2026 Global Outlook: Slower Growth and InflationMorgan Stanley’s two-part outlook for 2026 macro backdrop—global growth slowing further while inflation drifts down, with major uncertainty and “U.S.-driven” surprises.17 Nov 2025 · 10 min · 5 chapters
2026 Midterm Elections: What’s at Stake for MarketsHow next year’s U.S. midterm elections could affect markets, especially if Democrats take control of Congress, following off-cycle wins in New Jersey, New York, Virginia, and California.14 Nov 2025 · 4 min · 2 chapters
Who’s Disrupting — and Funding — the AI BoomAI disruption and funding across Europe, focusing on AI enablers (IT services, info services, software), telco/hyperscalers, semiconductors adoption, and data center “picks and shovels” investment…13 Nov 2025 · 15 min · 5 chapters
Europe in the Global AI RaceWhether Europe can keep up in the global AI race, focusing on agentic AI enablement, AI disruption, software adoption, and data-center infrastructure (power and compute).13 Nov 2025 · 11 min · 4 chapters
Crypto Goes MainstreamCrypto’s shift from fringe to mainstream investing, driven by legislation and especially spot Bitcoin/Ethereum ETFs, and what it means for retail vs institutional portfolios.11 Nov 2025 · 11 min · 8 chapters
Relief and Volatility Ahead for U.S. StocksU.S. stock outlook amid earnings season, Fed policy uncertainty, government shutdown liquidity/consumer effects, and tariffs ahead of a Supreme Court decision.10 Nov 2025 · 5 min · 6 chapters
Fed’s Path Uncertain as Key Data LagsAfter the October FOMC cut (25 bps) and earlier-than-expected balance-sheet runoff ending Dec 1, the Fed’s future path is uncertain due to committee dissent and conflicting data.7 Nov 2025 · 10 min · 5 chapters
Supreme Court Tests Trump TariffsThe U.S. Supreme Court heard arguments on whether most Trump-era tariffs are lawful, focusing on the International Emergency Economic Powers Act (IEPA).6 Nov 2025 · 4 min · 1 chapter
Future of Work: AI’s Paradigm Shift for LaborHow AI adoption will reshape work for individuals—job disruption vs augmentation, changing skills, and how Morgan Stanley is using GenAI to speed research and boost client engagement.5 Nov 2025 · 13 min · 5 chapters
Future of Work: AI’s Impact on IndustriesFuture of work as AI scales, including S&P 500 earnings upside, adoption timelines, and enterprise implementation challenges; Part 1 focuses on industry impacts and banking use cases.4 Nov 2025 · 13 min · 6 chapters
More Confidence in a Bull MarketMacro catalysts and Q3 earnings, arguing for “more confidence” in a bull market that began in April, with leadership still concentrated in higher-quality stocks.3 Nov 2025 · 4 min · 3 chapters
How Japan’s Stablecoin Could Reshape Global FinanceJapan’s upcoming yen-denominated stablecoin, its regulatory framework, and potential effects on global payments, asset settlement, and CBDC coexistence.31 Oct 2025 · 5 min · 4 chapters
Why Shutdown Standoff Raises Stakes for HealthcareHow the U.S. government shutdown raises stakes for healthcare, focusing on Affordable Care Act (ACA) exchange subsidies and related policy deadlines.30 Oct 2025 · 6 min · 4 chapters
M&A Poised to Gain MomentumMerger and acquisition (M&A) activity is accelerating and could surge further, supported by improving policy, interest-rate, regulatory, and financing conditions.29 Oct 2025 · 4 min · 2 chapters
A Turnaround in Sight for Healthcare?Healthcare sector rally driven by improving macro conditions and clearer policy outlook; focus on US drug pricing (MFN), tariffs/shoring, patent expiries, M&A, rate cuts, and AI’s early impact on…28 Oct 2025 · 6 min · 4 chapters
Will the Stock Market Rally Continue?Whether the U.S. stock market rally can continue after a possible preliminary U.S.-China trade de-escalation, and what to watch next week (Fed policy/QT and earnings revisions).27 Oct 2025 · 4 min · 4 chapters
What Happens to Software Developers as AI Can Code?How AI coding tools (e.g., “vibe coding” with natural-language prompts) affect software developers, productivity, and hiring demand, and what bottlenecks emerge (code review and testing).24 Oct 2025 · 4 min · 3 chapters
Should AI Spending Worry Investors?Whether elevated AI-related capital expenditures (CapEx) signal overbuilding and potential credit-market stress for investors.23 Oct 2025 · 4 min · 2 chapters
The Next Turning Points in TechMorgan Stanley’s “Thoughts on the Market” discusses private tech “next turning points” after its Spark Private Company Conference, focusing on agentic AI/agentic computing, SaaS vs platform/app…22 Oct 2025 · 11 min · 5 chapters
How to Navigate U.S.-China TensionsHow U.S.-China tensions are evolving and what they mean for fixed-income markets, including tariffs/export controls, rare earths, and AI-driven industrial policy.21 Oct 2025 · 4 min · 2 chapters