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K-shaped: who cares...?Consumer confidence is at multi-year lows. Credit is slowing. The bottom is falling behind. And yet stocks keep grinding higher. Welcome to the K-shaped economy, where asset owners keep spending, and where Morgan Stanley and Goldman say the upside isn’t gone yet in the the "tax trade".Decade low confidence
During the period of 2024-2025, Morgan Stanley did not actively participate in the initial phase of institutional cryptocurrency adoption. However, the company made a surprising move by filing for three cryptocurrency exchange-traded funds (ETFs) earlier this month. This unexpected development caught the attention of many in the industry.
Morgan Stanley has completed its acquisition of EquityZen, enhancing its private market ecosystem. This integration aims to connect clients seeking liquidity with investors interested in private market opportunities, addressing the growing demand as companies stay private longer. The acquisition reflects Morgan Stanley's strategy to offer diversification options to investors.
Morgan Stanley's FY25 SEB Forecasts Broadly in Line With Consensus