Stanley

How Bitcoin Gets To $100,000 Next: Morgan Stanley Boosts Stake In Microstrategy, Opening The Floodgates

Back on August 11, when bitcoin was still trading just above $10,000, publicly traded business intelligence firm Microstrategy (MSTR) made a transformational announcement: the company said that it has purchased 21,454 bitcoins at an aggregate purchase price of $250 million, a purchase made “pursuant to the two-pronged capital allocation strategy” which – in addition to…

Morgan Stanley Warns "Market Ripe For A Drawdown" As "Risk/Reward Has Deteriorated Materially"

For much of November and early December (recall “Stocks are Overbought And Frothy” Warns Wall Street’s Most Accurate Analyst“), Morgan Stanley’s chief US equity strategist, Michael Wilson, repeatedly warned that stocks are poised for an (at least) 10% correction around year-end, before resuming their bullish trek higher (albeit under a different leadership as growth stocks…

Morgan Stanley On Reversion, Evolution, And 2021’s New Normal

From Adam Virgadamo and Michelle Weaver, equity strategists at Morgan Stanley As we enter 2021, vaccines bring hopes of reopening and a return to normal, but the reality is that markets and the world are constantly evolving. That evolution creates alpha opportunities, so each year Simon Bound, our Global Director of Research, hosts senior analysts…

Apple's Entrance Into EVs Creates "A New Tesla Bear Case", Morgan Stanley Warns

Just hours after Elon Musk took to Twitter to reveal to the world that Tim Cook wouldn’t take his phone calls when he was looking for a bailout, Morgan Stanley has now come out and admitted that Apple’s entrance into the self-driving market creates “a new Tesla bear case”.  Tesla uber-bull Adam Jonas wrote in…

Morgan Stanley: We Are Bullish Because Central Banks Will Inject Another $2.8 Trillion Of Liquidity In 2021

By Matthew Hornbach, chief rates strategist at Morgan Stanley Liquidity. It’s What’s For Dinner With futures contracts tied to the price of water starting to trade last week, this seems a good time to take a look at the impact of liquidity. Liquidity means different things to different people, so before digging in, let me…

Morgan Stanley: “The Biggest Debate About 2021 Isn’t Where The Market Is Going. It’s How It Gets There”

By Andrew Sheets, chief cross-asset strategist at Morgan Stanley The biggest debate about 2021 probably isn’t where the market is going. It’s how it gets there. We, and many others, are optimistic on the next 12 months. But there’s less agreement among investors on how these gains will be achieved. With our economists still in…

Morgan Stanley: “There Is A Way For Markets To Know Relatively Quickly Who Is The Next President”

As discussed earlier, the record-shattering growth in vote-by-mail which means that the bulk of votes in key battleground states has already been cast… … is likely to distort the pattern of vote counting and reporting on election night that we’ve become accustomed to. And, as we also touched upon in an earlier post, there’s potential…