Mike Wilson: Giving Thanks for a Brighter 2021
Thoughts on the Market
Morgan Stanley
4.8 • 1.4K Ratings
🗓️ 23 November 2020
⏱️ 3 minutes
🧾️ Download transcript
Summary
As Thanksgiving approaches in the U.S., it’s worth taking a moment to be thankful for potential vaccines, a remarkably resilient economy and the strength of the human spirit.
Transcript
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| 0:00.0 | Welcome to Thoughts on the Market. I'm Mike Wilson, Chief Investment Officer and Chief |
| 0:05.8 | U.S. Equity Strategies for Morgan Stanley. Along with my colleagues bringing a variety of |
| 0:09.6 | perspectives, I'll be talking about the latest trends in the financial marketplace. |
| 0:13.4 | It's Monday, November 23rd at 12.30 p.m. in New York, so let's get after it. |
| 0:18.4 | This week is Thanksgiving, my favorite holiday of the year. |
| 0:21.0 | Turns out I'm not alone. |
| 0:22.3 | After Christmas |
| 0:23.1 | Thanksgiving is America's favorite holiday too. There are many reasons why this |
| 0:26.7 | holiday is so cherished but its greatest feature may be that it represents a time |
| 0:30.3 | when family gets together. Of course this year that feature will be diminished as COVID keeps many |
| 0:34.8 | families from assembling the way they normally do. Nonetheless the spirit of Thanksgiving will live on. |
| 0:39.5 | 2020 has been a difficult year for sure but the can-do attitude of the human spirit will not be extinguished. |
| 0:45.8 | We are a species that looks forward to the future, willing and able to conquer whatever challenges |
| 0:50.1 | lie before us. |
| 0:51.1 | Perhaps there's no better example of this tenacity than the recent |
| 0:54.2 | announcement of a vaccine for this disease that has changed our life so dramatically. |
| 0:58.4 | While these vaccines won't be widely available for months, they do provide a great hope for |
| 1:02.4 | not only Americans but people all over the world. |
| 1:05.0 | It allows all of us to think about a future in a more normal way and believe we are closer to the end than the beginning of this pandemic. |
| 1:11.0 | As I turn my attention to the economy and financial markets, many Americans should of this |
| 1:15.0 | beginning of this pandemic. |
| 1:18.0 | As I turn my attention to the economy and financial markets, both are performing under the circumstances. |
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