Investors Want to Hear From Management: Morgan Stanley's Skelly

The video discusses market conditions, focusing on preconditions for equity exposure, such as earnings, PMI, and jobs. It highlights the importance of dividend growth and capital allocation strategies like buybacks. The bond market's response to inflation and stagflation is analyzed, with insights on market sentiment and consensus among investors.

Discuss the implications of stagflation on both stocks and bonds as mentioned in the text.

What concerns do investors have regarding the consensus trade in the current market?