The Biggest Risk to our Bullish Forecast

While Morgan Stanley has a bullish view on the trajectory of the global economy, a key part of our forecast is conditional on a "grand reopening".

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Investment Management

Why S&P 500 Earnings May Be Understated

The shift from tangible to intangible assets can make it harder for investors to interpret organisations financial statements. A different approach to understanding corporate performance may help.

Wealth Management

Megatrends: Powering a New Automation Age

Aging populations and lower technology costs are propelling companies to invest more in productivity-boosting automation. What could this mean for your portfolio?