Kimberly Friedman, Financial Advisor at Morgan Stanley

‘Tis the season for joy, love and peace. Merry Christmas!

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

With Thanksgiving upon us, it’s worth taking a moment to be thankful for potential vaccines, a remarkably resilient economy, and the strength of the human spirit. Listen to Morgan Stanley's podcast 'Thoughts on the Market' to hear more.

Changes in market dynamics could take hold as a result of both a new and different business cycle and a major shift in fiscal and monetary policy. Investor attitudes have begun to change - to acknowledge that certain policies, such as government spending, regulation, inflation and deficits, may be necessary ingredients for economic growth.

Anticipation of delayed election results and the potential for a contested election is a concern for many investors. While it is likely that we may not have a declared winner on election night, we believe a delay in results is more probable than an actual legal challenge of the vote count. Contact me for more investment-related election information.

As the season begins to change, we have a fresh opportunity to appreciate our surroundings. Even amidst extraordinary times, we can find reason to celebrate the beauty that change can bring. Happy Fall to all!

With the upcoming elections on the minds of most Americans, consider that in the history of Presidential elections, market performance is more correlated with the business cycle than with which political party is in the White House.

In recognition of the 85th anniversary of Morgan Stanley, we're celebrating with a 5-part documentary uncovering the history, people, ideas, and decisions that shaped and define the firm.

A recent shift in policy could fuel inflation over the intermediate term. So far markets are ignoring the risks, but that may change. Learn more:

As wildfires rage across Northern California, my thoughts are with our brave First Responders working hard to mitigate damage as well as those who are directly impacted by displacement or tragedy. Unfortunately, COVID-19 has made the situation significantly more complicated for both fire crews and evacuees. Learn how to protect yourself and your family by taking these necessary steps:

7 Ways to Reduce Chronic Stress: Truly understanding the science behind its causes, the effect it has on your body, and seven remedies you can use to manage it.

Join me for Part 1 of the Women & Wealth webinar series featuring Morgan Stanley senior female thought leaders. The conversation will dive into the keys to financial wellness, leveraging your power, and the path to achieving a sustainable work-life balance. Use the link to register for the webinar and feel free to share with a friend!

Although Alexander Hamilton couldn’t have foreseen the current health crisis facing the U.S., his ideas remain relevantand key to current recovery effortsmore than 200 years later. Click to listen and hear more.