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Morgan Stanley’s 2026 Outlooks

"The outlook remains constructive, but success in the second half of 2026 will depend on being selective, diversified, and prepared for volatility."

Insights on what may be ahead

Explore in-depth summary analysis from Morgan Stanley investment managers and strategists looking at major asset classes, key investing themes, where the markets may be going, and how investors might respond.

2026 Midyear Investment Outlook: Constructive, not complacent

05/26/26

AI infrastructure investment is boosting the outlook for risk assets, particularly U.S. equities, despite geopolitical risks. Credit markets could face challenges as companies increase bond issuance.

2026 Midyear Economic Outlook: AI drives resilient growth

05/26/26

Growth softens in the second half of 2026, hurt by higher energy prices, but recovers in 2027 in a baseline outlook that includes resolution to the oil supply shock.

Midyear Economic & Investment Outlook

Wednesday, June 3 | 12:15 PM ET

Join Morgan Stanley thought leaders and strategists as they look beyond day-to-day headlines to discuss key economic, market and policy drivers shaping the back half of 2026.

Timely discussions on key investing topics

Hear commentary on the latest events and forces shaping the markets in Morgan Stanley’s Thoughts on the Market podcast.

Growth Faces an Energy Test

May 14, 2026

Our Global Chief Economist and Head of Macro Strategy Seth Carpenter gives his mid-year outlook, highlighting why AI investment and U.S. consumers remain key growth engines amid energy shocks.

Investing Through an Uneasy Boom

May 15, 2026

Our Chief Cross-Asset Strategist Serena Tang explains why investors should stay constructive in 2026, even as oil prices and geopolitics add volatility.

The Case for Staying Bullish on Equities

May 19, 2026

Despite recent pressure on stocks, our CIO and Chief U.S. Equity Strategist Mike Wilson argues that earnings and AI’s impact remain stronger than many investors appreciate.

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Looking to expand your financial knowledge?

Morgan Stanley’s popular Thoughts on the Market podcast delivers short, insightful takes on the forces shaping today’s markets from a variety of leaders within the firm.
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