Charts That Caught My Eye: From the Global Director of Research | North America

Research evidence excerpt

Charts That Caught My Eye: From the Global Director of Research | North America

Idea

June 16, 2026 04:01 AM GMT

Morgan Stanley & Co. LLCMFrom the Global Director of Research | North Katy L. Huberty, CFA

America Global Director of Research

Kathryn.Huberty@morganstanley.com +1 212 761-6249

Morgan Stanley Research

AnalystCharts That Caught My Eye erteam@morganstanley.com

A guiding principle at Morgan Stanley Research is to enhance

your investment process by delivering unique insights that

separate the signal from the noise. An intuitively designed and

well-crafted chart can often accomplish this with exceptional

clarity.

With that mission in mind, these charts in our recently published research stood out

to me.

1. Thematics – AI: A "buy the dip" strategy can enhance alpha in AI-related

thematic categories.

2. US Economics & Strategy: Equity and rates markets react differently to

data surprises depending on whether the CPI is above / below 3%.

3. Europe Equity Strategy: We have refreshed our data-driven sector model,

doubling down on AI, Banks, and Mining.

4. China Economics: We expect a two-speed economy to persist, with exports

and emerging manufacturing categories leading while consumption lags.

5. Multipolar World – US Reshoring: After a year of tariffs, we are seeing

more of a reorientation of supply chains than a “true” US reshoring.

6. US Economics: We estimate the breakeven pace for US payrolls (at which

the unemployment rate is unchanged) is +50,000 per month.

7. US Valuation, Accounting and Tax Strategy: We expect corporates' cash

tax rates to fall further this year as additional OBBBA benefits go into effect.

8. Semiconductors: Our core view is that the cycle is still accelerating –

earnings revisions remain robust and appear sustainable.