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“We have greater confidence in our call for a V-shaped recovery, given recent upside surprises in growth data and policy action.” Chetan Ahya, Chief Economist at Morgan Stanley

Morgan Stanley: “While we understand the desire for optimism, we also caution that the US outbreak is far from over. Recovering from this acute period in the outbreak is just the beginning and not the end. We believe the path to re-opening the economy is going to be long.”

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The next 6 months, per Morgan Stanley's head of biotech By May: Peak in new cases nationally By June: Testing capacity hits 1M/day By July: Serology testing widely available By Aug: Wave 1 returns to work By Oct: Potential vaccine for healthcare workers (via @RobinWigg )

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Last Monday, Morgan Stanley said we’re a threat, they’re right. The next Labour Government is a threat to a damaging and failed system that’s rigged for the few.

When bankers like Morgan Stanley say we’re a threat, they’re right. The next Labour Government is a threat to a damaging and failed system that’s rigged for the few.

#TodaysRead from Morgan Stanley: Salam Omar escaped a war-torn homeland, moved to the U.S. for college basketball, and worked as an interpreter with the Navy SEALs.

#TodaysRead : William Nordhaus & Paul Romer awarded the 2018 Nobel Prize in economics for work on how policy can shape issues tied t #climatechange  & #sustainability  , which are key topics for Morgan Stanley and our clients on nearly every market front.

Morgan Stanley analysts expect companies to pass only 13% of Trump tax cut savings directly to workers, vs 43% to share buybacks. For manufacturers, it's 9% / 47%.

It's ludicrous that Morgan Stanley paid nothing in federal income taxes last year, but received $604 million refund from the IRS.

Morgan Stanley has begun moving 2,000 investment banking staff from London to Dublin or Frankfurt, BBC learns

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