Keep pulling the thread on Morgan Stanley.
Former President Donald Trump has publicly threatened to fire Federal Reserve Chair Jay Powell.
The private credit market has grown to approximately $1.7 trillion in size.
Morgan Stanley's trading and sales volumes for both fixed income & commodities (FIC) and equities exceeded expectations in the most recent quarter.
The recent crisis in the Middle East created market volatility that was beneficial for Morgan Stanley's trading desks, as clients engaged in hedging and diversification activities.
Morgan Stanley's deal pipelines indicate that both corporate and private equity-backed companies are preparing to pursue M&A or IPOs.
Morgan Stanley is observing an increase in competitive situations, or "bake-offs," where companies evaluate an M&A sale versus an IPO.
There is market speculation that United Airlines may acquire American Airlines.
Morgan Stanley believes it has enormous organic growth potential and does not need to pursue large-scale, inorganic M&A.
The investment grade credit market is estimated to be between $10 trillion and $15 trillion in size.