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Skip to content * Our Insights Our Insights * Personal Finance * Market Trends * Technology & Disruption * Sustainability * Diversity & Inclusion STAY UP TO DATE * Sign Up For Our Newsletter * Listen To Our Podcasts * (opens in a new tab) * (opens in a new tab) * (opens in a new tab) * (opens in a new tab) * (opens in a new tab) * At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today's most critical issues. Personal Finance Learn from our industry leaders about how to manage your wealth and help meet your personal financial goals. * At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today's most critical issues. Market Trends From volatility and geopolitics to economic trends and investment outlooks, stay informed on the key developments shaping today's markets. * At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today's most critical issues. Technology & Disruption Whether it’s hardware, software or age-old businesses, everything today is ripe for disruption. Stay abreast of the latest trends and developments. * At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today's most critical issues. Sustainability Our insightful research, advisory and investing capabilities give us unique and broad perspective on sustainability topics. * At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today's most critical issues. Diversity & Inclusion Multicultural and women entrepreneurs are the cutting-edge leaders of businesses that power markets. Hear their stories and learn about how they are redefining the terms of success. Featured Ideas Coronavirus: Economic Risk and Recovery Sustainability The Scale of Sustainable Investing Wealth Management Keeping Market Volatility in Perspective * What We Do What We Do * Wealth Management * Investment Banking & Capital Markets * Sales & Trading * Research * Investment Management * Morgan Stanley at Work * Sustainable Investing * Inclusive Ventures Group * Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Wealth Management We help people, businesses and institutions build, preserve and manage wealth so they can pursue their financial goals. * Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Investment Banking & Capital Markets We have global expertise in market analysis and in advisory and capital-raising services for corporations, institutions and governments. * Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Sales & Trading Global institutions, leading hedge funds and industry innovators turn to Morgan Stanley for sales, trading and market-making services. * Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Research We offer timely, integrated analysis of companies, sectors, markets and economies, helping clients with their most critical decisions. * Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Investment Management We deliver active investment strategies across public and private markets and custom solutions to institutional and individual investors. * Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Morgan Stanley at Work We provide comprehensive workplace financial solutions for organizations and their employees, combining personalized advice with modern technology. * Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Sustainable Investing We offer scalable investment products, foster innovative solutions and provide actionable insights across sustainability issues. * Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Inclusive Ventures Group From our startup lab to our cutting-edge research, we broaden access to capital for diverse entrepreneurs and spotlight their success. * About Us About Us * Core Values * Leadership * History * Locations * Diversity * Sustainability * Giving Back * Technology * Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values. Core Values Everything we do at Morgan Stanley is guided by our five core values: Do the right thing, put clients first, lead with exceptional ideas, commit to diversity and inclusion, and give back. * Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values. Leadership Morgan Stanley leadership is dedicated to conducting first-class business in a first-class way. Our board of directors and senior executives hold the belief that capital can and should benefit all of society. * Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values. History From our origins as a small Wall Street partnership to becoming a global firm of more than 60,000 employees today, Morgan Stanley has been committed to clients and communities for 85 years. * Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values. Locations The global presence that Morgan Stanley maintains is key to our clients' success, giving us keen insight across regions and markets, and allowing us to make a difference around the world. * Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values. Diversity Morgan Stanley is differentiated by the caliber of our diverse team. Our culture of access and inclusion has built our legacy and shapes our future, helping to strengthen our business and bring value to clients. * Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values. Sustainability Our firm's commitment to sustainability informs our operations, governance, risk management, diversity efforts, philanthropy and research. * Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values. Giving Back At Morgan Stanley, giving back is a core value—a central part of our culture globally. We live that commitment through long-lasting partnerships, community-based delivery and engaging our best asset—Morgan Stanley employees. * Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values. Technology As a global financial services firm, Morgan Stanley is committed to technological innovation. We rely on our technologists around the world to create leading-edge, secure platforms for all our businesses. * Why Us Why Us * Why Morgan Stanley * How We Can Help * Building a Future We Believe In * Get Started * Stay in the Know * For 87 years, we’ve had a passion for what’s possible. We leverage the full resources of our firm to help individuals, families and institutions reach their financial goals. Why Morgan Stanley At Morgan Stanley, we focus the expertise of the entire firm—our advice, data, strategies and insights—on creating solutions for our clients, large and small. * For 87 years, we’ve had a passion for what’s possible. We leverage the full resources of our firm to help individuals, families and institutions reach their financial goals. How We Can Help We have the experience and agility to partner with clients from individual investors to global CEOs. See how we can help you work toward your goals—even as they evolve over years or generations. * For 87 years, we’ve had a passion for what’s possible. We leverage the full resources of our firm to help individuals, families and institutions reach their financial goals. Building a Future We Believe In At Morgan Stanley, we put our beliefs to work. We lead with exceptional ideas, prioritize diversity and inclusion and find meaningful ways to give back—all to contribute to a future that benefits our clients and communities. * For 87 years, we’ve had a passion for what’s possible. We leverage the full resources of our firm to help individuals, families and institutions reach their financial goals. Get Started Meet one of our Financial Advisors and see how we can help you. * For 87 years, we’ve had a passion for what’s possible. We leverage the full resources of our firm to help individuals, families and institutions reach their financial goals. Stay in the Know Get the latest insights, analyses and market trends in our newsletter, podcasts and videos. * Careers Careers * Students & Graduates * Opportunities * Experienced Professionals * Opportunities * Technology Professionals * We believe our greatest asset is our people. We value our commitment to diverse perspectives and a culture of inclusion across the firm. Discover who we are and the right opportunity for you. Students & Graduates A career at Morgan Stanley means belonging to an ideas-driven culture that embraces new perspectives to solve complex problems. See how you can make meaningful contributions as a student or recent graduate at Morgan Stanley. * We believe our greatest asset is our people. We value our commitment to diverse perspectives and a culture of inclusion across the firm. Discover who we are and the right opportunity for you. Experienced Professionals At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. See how you can continue your career journey at Morgan Stanley. Featured Careers Meet the Minds Breaking the Mold Careers Explore Our Culture Technology Yes, You Can Be a Tech Innovator at Morgan Stanley * Investor Relations * Media Relations * Client Login Client Login * Morgan Stanley Online * StockPlan Connect * Research Portal * Matrix * Morgan Stanley Online * StockPlan Connect * Research Portal * Matrix * Investor Relations * Media Relations * Client Login Client Login * Morgan Stanley Online * StockPlan Connect * Research Portal * Matrix * Morgan Stanley Online * StockPlan Connect * Research Portal * Matrix * Our Insights Our Insights * Personal Finance * Market Trends * Technology & Disruption * Sustainability * Diversity & Inclusion stay up to date * Sign Up For Our Newsletter * Listen To Our Podcasts * (opens in a new tab) * (opens in a new tab) * (opens in a new tab) * (opens in a new tab) * (opens in a new tab) * At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today's most critical issues. Personal Finance Learn from our industry leaders about how to manage your wealth and help meet your personal financial goals. * At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today's most critical issues. Market Trends From volatility and geopolitics to economic trends and investment outlooks, stay informed on the key developments shaping today's markets. * At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today's most critical issues. Technology & Disruption Whether it’s hardware, software or age-old businesses, everything today is ripe for disruption. Stay abreast of the latest trends and developments. * At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today's most critical issues. Sustainability Our insightful research, advisory and investing capabilities give us unique and broad perspective on sustainability topics. * At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today's most critical issues. Diversity & Inclusion Multicultural and women entrepreneurs are the cutting-edge leaders of businesses that power markets. Hear their stories and learn about how they are redefining the terms of success. Featured Ideas Coronavirus: Economic Risk and Recovery Sustainability The Scale of Sustainable Investing Wealth Management Keeping Market Volatility in Perspective * What We Do What We Do * Wealth Management * Investment Banking & Capital Markets * Sales & Trading * Research * Investment Management * Morgan Stanley at Work * Sustainable Investing * Inclusive Ventures Group * Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Wealth Management We help people, businesses and institutions build, preserve and manage wealth so they can pursue their financial goals. * Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Investment Banking & Capital Markets We have global expertise in market analysis and in advisory and capital-raising services for corporations, institutions and governments. * Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Sales & Trading Global institutions, leading hedge funds and industry innovators turn to Morgan Stanley for sales, trading and market-making services. * Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Research We offer timely, integrated analysis of companies, sectors, markets and economies, helping clients with their most critical decisions. * Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Investment Management We deliver active investment strategies across public and private markets and custom solutions to institutional and individual investors. * Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Morgan Stanley at Work We provide comprehensive workplace financial solutions for organizations and their employees, combining personalized advice with modern technology. * Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Sustainable Investing We offer scalable investment products, foster innovative solutions and provide actionable insights across sustainability issues. * Morgan Stanley helps people, institutions and governments raise, manage and distribute the capital they need to achieve their goals. Inclusive Ventures Group From our startup lab to our cutting-edge research, we broaden access to capital for diverse entrepreneurs and spotlight their success. * About Us About Us * Core Values * Leadership * History * Locations * Diversity * Sustainability * Giving Back * Technology * Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values. Core Values Everything we do at Morgan Stanley is guided by our five core values: Do the right thing, put clients first, lead with exceptional ideas, commit to diversity and inclusion, and give back. * Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values. Leadership Morgan Stanley leadership is dedicated to conducting first-class business in a first-class way. Our board of directors and senior executives hold the belief that capital can and should benefit all of society. * Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values. History From our origins as a small Wall Street partnership to becoming a global firm of more than 60,000 employees today, Morgan Stanley has been committed to clients and communities for 85 years. * Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values. Locations The global presence that Morgan Stanley maintains is key to our clients' success, giving us keen insight across regions and markets, and allowing us to make a difference around the world. * Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values. Diversity Morgan Stanley is differentiated by the caliber of our diverse team. Our culture of access and inclusion has built our legacy and shapes our future, helping to strengthen our business and bring value to clients. * Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values. Sustainability Our firm's commitment to sustainability informs our operations, governance, risk management, diversity efforts, philanthropy and research. * Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values. Giving Back At Morgan Stanley, giving back is a core value—a central part of our culture globally. We live that commitment through long-lasting partnerships, community-based delivery and engaging our best asset—Morgan Stanley employees. * Since our founding in 1935, Morgan Stanley has consistently delivered first-class business in a first-class way. Underpinning all that we do are five core values. Technology As a global financial services firm, Morgan Stanley is committed to technological innovation. We rely on our technologists around the world to create leading-edge, secure platforms for all our businesses. * Why Us Why Us * Why Morgan Stanley * How We Can Help * Building a Future We Believe In * Get Started * Stay in the Know * For 87 years, we’ve had a passion for what’s possible. We leverage the full resources of our firm to help individuals, families and institutions reach their financial goals. Why Morgan Stanley At Morgan Stanley, we focus the expertise of the entire firm—our advice, data, strategies and insights—on creating solutions for our clients, large and small. * For 87 years, we’ve had a passion for what’s possible. We leverage the full resources of our firm to help individuals, families and institutions reach their financial goals. How We Can Help We have the experience and agility to partner with clients from individual investors to global CEOs. See how we can help you work toward your goals—even as they evolve over years or generations. * For 87 years, we’ve had a passion for what’s possible. We leverage the full resources of our firm to help individuals, families and institutions reach their financial goals. Building a Future We Believe In At Morgan Stanley, we put our beliefs to work. We lead with exceptional ideas, prioritize diversity and inclusion and find meaningful ways to give back—all to contribute to a future that benefits our clients and communities. * For 87 years, we’ve had a passion for what’s possible. We leverage the full resources of our firm to help individuals, families and institutions reach their financial goals. Get Started Meet one of our Financial Advisors and see how we can help you. * For 87 years, we’ve had a passion for what’s possible. We leverage the full resources of our firm to help individuals, families and institutions reach their financial goals. Stay in the Know Get the latest insights, analyses and market trends in our newsletter, podcasts and videos. * Careers Careers * Students & Graduates * Opportunities * Experienced Professionals * Opportunities * Technology Professionals * We believe our greatest asset is our people. We value our commitment to diverse perspectives and a culture of inclusion across the firm. Discover who we are and the right opportunity for you. Students & Graduates A career at Morgan Stanley means belonging to an ideas-driven culture that embraces new perspectives to solve complex problems. See how you can make meaningful contributions as a student or recent graduate at Morgan Stanley. * We believe our greatest asset is our people. We value our commitment to diverse perspectives and a culture of inclusion across the firm. Discover who we are and the right opportunity for you. Experienced Professionals At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. See how you can continue your career journey at Morgan Stanley. Featured Careers Meet the Minds Breaking the Mold Careers Explore Our Culture Technology Yes, You Can Be a Tech Innovator at Morgan Stanley CLEAR 01 / 04 Why Us Old School Grit. New World Ideas. Research DEBUNKING A MYTH ABOUT INFLATION Wealth Management 3 SIGNS THE BEAR MARKET ISN’T OVER EXPLORE MORE OLD SCHOOL GRIT. NEW WORLD IDEAS. Video Player is loading. Play Video Play Mute Current Time 0:00 / Duration 1:30 Loaded: 10.92% 0:00 Stream Type LIVE Seek to live, currently behind liveLIVE Remaining Time -1:30 Share 1x Playback Rate Chapters * Chapters Descriptions * descriptions off, selected Captions * captions settings, opens captions settings dialog * captions off, selected * Captions (En) Audio Track * en (Main), selected Picture-in-Picture Quality Levels * 1080p1080pHD * 720p720pHD * 540p540p * 360p360p * 270p270p * AutoA, selected Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaque Font Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall Caps Reset restore all settings to the default valuesDone Close Modal Dialog End of dialog window. Close Modal Dialog This is a modal window. This modal can be closed by pressing the Escape key or activating the close button. Close Modal Dialog This is a modal window. This modal can be closed by pressing the Escape key or activating the close button. 1:30 Why Us Old School Grit. New World Ideas. At 87 years old, we still see the world with the wonder of new eyes, helping you discover untapped possibilities and relentlessly working with you to make them real. Share (opens in a new tab) (opens in a new tab) (opens in a new tab) (opens in a new tab) Source: Morgan Stanley [MUSIC PLAYING, GRUNTING] Prizefighter meets trailblazer. [PANTING] Whoo! Classic meets modern. At Morgan Stanley, we may seem like a contradiction, and we are. [LAUGHS] At 87 years old, we still see the world with the wonder of new eyes, helping you discover untapped possibilities, and relentlessly working with you to make them real. Partnering to unlock new ideas, to create new legacies, to research, innovate, collaborate, and build the way to transform a company, industry, economy, generation, because grit and vision working in lockstep puts you on the path to your full potential. Old-school grit, new world ideas-- Morgan Stanley. WHAT WE DO At Morgan Stanley, clients come first. We help individuals, families, institutions and governments raise, manage and distribute the capital they need to achieve their goals.Explore Morgan Stanley Wealth Management Investment Banking & Capital Markets Sales & Trading Research Investment Management Morgan Stanley at Work Sustainable Investing Inclusive Innovation We help people, businesses and institutions build, preserve and manage wealth so they can pursue their financial goals. Wealth Management Wealth Management Tax-Smart Ways to Diversify We have global expertise in market analysis and in advisory and capital-raising services for corporations, institutions and governments. Investment Banking & Capital Markets Investment Banking 5 Technology Investing Trends for 2023 Global institutions, leading hedge funds and industry innovators turn to Morgan Stanley for sales, trading and market-making services. Sales & Trading Sales and Trading Are Sustainable Bonds Key in Helping Solve the U.S. Housing Crisis? We offer timely, integrated analysis of companies, sectors, markets and economies, helping clients with their most critical decisions. Research Research Why Strong Brands Can Weather Uncertain Times We deliver active investment strategies across public and private markets and custom solutions to institutional and individual investors. Investment Management Investment Management A Case for PE Secondaries We provide comprehensive workplace financial solutions for organizations and their employees, combining personalized advice with modern technology. Morgan Stanley at Work Morgan Stanley at Work Introducing the New “Invested at Work” Podcast We offer sustainable investment products, foster innovative solutions and provide actionable insights across sustainability issues. Sustainable Investing Institute for Sustainable Investing ESG Opportunities for Asset Managers From our startup lab to our cutting-edge research, we broaden access to capital for diverse entrepreneurs and spotlight their success. Inclusive Innovation Inclusive Innovation & Opportunity Equity in VC Funding: New Data RECENT INSIGHTS At Morgan Stanley, we lead with exceptional ideas. Across all our businesses, we offer keen insight on today's most critical issues. See All Insights Previous Next 01 / 06 Research Eating In and Dining Out in 2023 Discover how Morgan Stanley Research analysts think egg prices, as well as demand for packaged food, grocery retailers and restaurants, will fare in the year ahead. Research How ETFs Are Driving Growth in Municipal Bonds Municipal bond ETFs are on track to double assets under management by 2026 as obstacles to their growth recede, bringing the tax benefits of muni bonds to more investors. Access & Opportunity Podcast Leading to Execute: Mielle Organics’ Monique Rodriguez Monique Rodriguez of Mielle Organics discusses breaking the glass ceiling of investment for Black female founders and the road ahead as she looks to successfully scale her global hair care company. Institute for Sustainable Investing 5 Sustainable Investing Trends for Companies and Investors Capital. Data. Integration. These are some of the themes that cut across Morgan Stanley’s top five sustainable investing trends to watch in 2023. Investment Management 2023 Stock Market Outlook Stocks could have a surprisingly strong first half of the year. Watch for opportunities in value stocks and Asia ex-Japan. Diversity The JumpStart Program Kicks Into High Gear Our initiative, which helps high school students from underserved communities broaden their career opportunities, celebrates its third year with its biggest class ever. Previous Research Eating In and Dining Out in 2023 Research How ETFs Are Driving Growth in Municipal Bonds Access & Opportunity Podcast Leading to Execute: Mielle Organics’ Monique Rodriguez Institute for Sustainable Investing 5 Sustainable Investing Trends for Companies and Investors Investment Management 2023 Stock Market Outlook Diversity The JumpStart Program Kicks Into High Gear Next 01 / 06 Get the Morgan Stanley Five Ideas newsletter delivered to your inbox weekly. Email Address *Invalid email address Sign Up Thank You for Subscribing! Would you like to help us improve our coverage of topics that might interest you? Tell us about yourself. What kind of ideas interest you most? Technology Economic Trends Industry Trends Emerging Markets Investment Strategies How would you describe yourself? Investor Financial Professional Journalist Student Other Submit Thank You for Taking the Survey! DISCOVER WHO WE ARE & JOIN US Ready to innovate and make an impact every day? Morgan Stanley offers unparalleled opportunities, a commitment to inclusion and a supportive environment in which our people can develop to reach their full potential. Learn More Giving Back Helping an AIDS Advocacy Group Diversity The JumpStart Program Leaps Into Action Students and Graduates Explore Our Programs At Morgan Stanley, we have one common goal: to deliver the full firm—our best advice, resources and products—to our clients. And we know it takes all of us working together to make that happen. Selma Bueno Global Head of the Morgan Stanley Inclusive Ventures Group Meet Selma MORE INSIGHTS Research 7 Investment Ideas That Could Drive Markets in 2023 Diversity Creating New Career Paths Through Apprenticeship INCLUSIVE VENTURES LAB Multicultural Innovation Lab: A New Global Focus Giving Back Advice for an Iconic Nonprofit Research Palo Alto Networks: Staying Ahead of Cyber Threats Research 3 Long-term Megatrends to Watch Access & Opportunity Podcast Narrowing the Disability Employment Gap Diversity A Shared Past, a Common Purpose View More Insights * (opens in a new tab) * (opens in a new tab) * (opens in a new tab) * (opens in a new tab) * (opens in a new tab) -------------------------------------------------------------------------------- * Disclosures * Investor Relations * Corporate Governance * Newsroom * Careers -------------------------------------------------------------------------------- * Privacy & Cookies * Your Privacy Choices * Terms of Use * Contact Us * Global Offices * Equal Employment Opportunity -------------------------------------------------------------------------------- © 2023 Morgan Stanley. 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