December 1, 2025 Morgan Stanley Macro Closed-Door Meeting
1. Core market debates and price recovery paths, four major core concerns of the market (AI, real estate, consumption, inflation), judgment on the price recovery process (domestic supply-demand rebalancing and price center rebound are still in a deep bottoming and exploration period in 2026-27)
2. Policy response ideas and pace
3. US stock market and China market strategies
4. Automotive industry trends and opportunities
5. Outlook for the intelligent robotics industry
Morgan Stanley internal document, please leave a comment if needed
