During the European sovereign debt crisis, Greece needed to roll over debt equivalent to approximately 150% of its annual revenue.

The collapse of monoline insurers after the 2008 financial crisis created a new need for fundamental credit analysis of individual municipal issuers, as the market could no longer rely on blanket AAA ...

During the European sovereign debt crisis, California's debt service payments were approximately 5% of its revenue.

The "new Washington consensus," as described by National Security Advisor Jake Sullivan, reflects a shift in US voter preferences away from valuing free trade, multilateral institutions, and limited g...

The CHIPS Act, which provided federal subsidies for domestic semiconductor manufacturing, was passed on a bipartisan basis during the Biden administration.

Large Language Models currently have a low success rate in performing complex, cross-disciplinary, and cross-asset thematic analysis.

Morgan Stanley estimates global capital expenditures for data centers alone will be $2.9 trillion between 2025 and 2028.

The buildout of AI infrastructure is constrained by the availability of energy and labor, which may be slowing the pace of investment relative to demand.

Morgan Stanley believes that enterprise SaaS companies retain a durable moat because they can industrialize AI solutions for large organizations in a way that individual employees cannot.

Morgan Stanley's European equity strategist, Marina Zavalok, theorizes that Europe could be a "sneaky AI beneficiary" due to potential productivity gains in its asset-heavy industries.

Japanese households hold approximately 50% of their assets, equivalent to about $7 trillion, in cash deposits.

Morgan Stanley's economics team estimates that the physical construction of AI infrastructure is contributing approximately 0.25% to GDP growth this year.

The Federal Reserve is a committee-driven institution, which means its policy decisions are unlikely to be substantially compromised even with a less traditional chairperson.

Prediction markets currently indicate an approximately 80% probability that Democrats will take control of the House of Representatives in the midterm elections.

In 2020, Morgan Stanley's strategic view was that a regime change driven by shifting US voter preferences meant the peak benefits of globalization were in the past and geopolitical fragility was on th...

Morgan Stanley's house view is that the current equity market rally will broaden out to include companies beyond the initial AI infrastructure winners.

In a 2020 Morgan Stanley survey, investors who believed a Joe Biden victory would be better for markets also incorrectly predicted that his administration would reduce tariffs on China.

Even if Democrats win 52 or 53 seats in the Senate, they would lack a filibuster-proof majority, preventing them from passing major legislation like a repeal of recent tax cuts.

The percentage of MSCI World companies reporting tangible benefits from AI has increased from approximately 20% at the beginning of last year to over 30% now.

From 2024 to 2025, companies identified by Morgan Stanley as "AI adopters" are projected to have an average EBIT expansion that is two times faster than non-adopters.