Morgan Stanley IM: You Must Ask the Right Questions to Find the Best Answer
Jim Caron, Co-Lead Global Portfolio Manager and Co-Chief Investment Officer, Global Balanced Risk Control Team, shares his macro thematic views on key market drivers.06.06.2023 | 06:44 Uhr
- Sometimes knowing the right questions to ask is essential to finding the best answers.
- This is particularly important in situations where the right answer is not obvious, much like today’s markets.
- Why? Well the question about economic fundamentals is straightforward; conditions are slowing, likely leading to a recession.
- Yet this would lead to the wrong answer with respect to market performance.
- Since stronger year-to-date market performance is not the obvious answer to weakening fundamentals, then maybe we are asking the wrong questions. Let’s discuss.
See below for important disclosures.