Morgan Stanley's Gorman Says He's Very Surprised With Where Rates Are Right Now

The video discusses the implications of a negative yield environment on market perspectives and asset deployment. The speaker expresses surprise at current interest rates, which were expected to be higher. Despite the historical link between a negative yield curve and recession, it is not a guaranteed outcome. The business strategy remains focused on broader economic trends rather than daily rate changes, with recent recovery in the 10-year yield noted.

How does the speaker initially feel about the current negative yield environment?

• Pessimistic and worried

• Surprised and uncertain

• Indifferent and neutral

• Confident and optimistic

What was the speaker's expectation for the 10-year yield by the end of the year?

• Around 1%

• Around 2%

• Around 3%

• Around 4%

According to the speaker, what has a negative yield curve historically predicted?

• Inflation

• Deflation

• Recession

• Economic growth

How does the speaker's business approach interest rate changes?

• By ignoring them completely

• By focusing on the broader economy

• By following market trends

• By making daily adjustments

What recent change in the 10-year yield does the speaker mention?

• A drop of 20 basis points

• A recovery of 10-15 basis points

• No significant change

• A rise of 30 basis points