Jyoti Sharma, Financial Advisor at Morgan Stanley in Pleasanton, CA

Markets may already reflect the speed and scope of the recovery. Read more in On the Markets:

What are the potential impacts of the new administration's infrastructure and environmental agenda? Will higher interest rates lead to inflation? Subscribe to Thoughts on the Market Podcast. Listen for short, thoughtful takes on recent events in the markets from a variety of voices within Morgan Stanley.

Getting where you want to go often means having room to adjust and shift financial priorities. Learn how our Goals Planning System can help.

As we saw in January, an increase in speculative trading can fuel gains as well as losses. Read more in On the Markets:

Stocks may seem elevated, but we believe this bull market has a long way to run in time and price. Learn more:

The financial sector is among our top ideas for 2021. Here’s why:

Most preferreds issue qualified dividends, which are taxed at lower rates than income from bonds. Call me to discuss this option.

Still looking for the perfect gift? Make an impact when you shop from Morgan Stanley Gifts for Good Guide.

My clients who are Morgan Stanley Reserved Living & Giving members get the best deals on Lexus, BWM, Mercedes, Audi and more! Reach out if you are interested in learning more about our loyalty program.

While there is near-term risk of a pullback, CIO Mike Wilson sees a 10% gain for the S&P 500 in 2021. See why in On the Markets:

In the next few months, positive catalysts are likely to dominate the economic outlook. See three signs of light at the end of the 2020 tunnel:

Although the U.S. faces a challenging winter, vaccine availability and momentum could propel the economy to expand an impressive 6% in 2021. The outlook for investors.

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.