Charts That Caught My Eye

研报英文原文证据摘录

Charts That Caught My Eye

Idea

July 14, 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. US Equity Strategy: As oil prices have retreated, our call for a broadening in

market performance has begun to work again.

2. Europe Equity Strategy: Earnings revisions in most sectors are now

positive, and we think valuations still have running room.

3. US Economics: Consumption growth has slowed but, helped by tax refunds,

continues to outpace income growth.

4. Europe Economics: Our inflation forecast is only marginally lower than the

ECB’s, but is markedly lower than what the market is pricing in.

5. Multipolar World – Asia Defense: With geopolitical tensions having risen in

recent years, Asia’s defense spending has inflected sharply higher.

6. Tech Diffusion – Robotaxis: We believe the rise of autonomous driving will

drive down traditional auto insurance premiums.

7. Venture Capital: New capital is increasingly concentrated in later-stage

deals and top themes.

8. SpaceX: We have initiated coverage with an OW rating and $300 price

target.

Please reach out to me with feedback on these or any other key investment debates.

Thank you for your partnership.

Katy Huberty

Global Director of Research