Morgan Stanley Fixed-Global Credit Strategy Global Credit Research Webcast Slide...-

MorganStanleyGlobalCreditWebcastHowMuchWillRateCutsMatter?VishwasPatkar-HeadofUSCreditStrategy|StrategistJennaGiannelli-HeadofRetailandConsumerCredit|CreditAnalystMORGANSTANLEY&CO.LLCAronBecker–HeadofEuropeanCreditStrategy|StrategistAndrewSheets–GlobalHeadofCorporateCreditResearch|StrategistMORGANSTANLEY&CO.INTERNATIONALPLC+KelvinPang–HeadofAsiaCreditStrategy|StrategistMORGANSTANLEYASIALIMITED+RegisterNow/ReplaylinkMorganStanleydoesandseekstodobusinesswithcompaniescoveredinMorganStanleyResearch.Asaresult,investorsshouldbeawarethatthefirmmayhaveaconflictofinterestthatcouldaffecttheobjectivityofMorganStanleyResearch.InvestorsshouldconsiderMorganStanleyResearchasonlyasinglefactorinmakingtheirinvestmentdecision.Foranalystcertificationandotherimportantdisclosures,refertotheDisclosureSection,locatedattheendofthisreport.+=Analystsemployedbynon-U.S.affiliatesarenotregisteredwithFINRA,maynotbeassociatedpersonsofthememberandmaynotbesubjecttoFINRArestrictionsoncommunicationswithasubjectcompany,publicappearancesandtradingsecuritiesheldbyaresearchanalystaccount.MorganStanleyResearchGlobalJuly16,202408:56AMGMTAndrewSheetsGlobalHeadofCorporateCreditResearch•Ourconstructiveviewfor2024isbasedontheideathatcreditlikesmoderation,andthisiswhatMorganStanleyforecastsimply(modestgrowth,moderatinginflation,moderatingpolicyrates)....