Gorman: Trump, Brexit 'Not a Flash in the Pan'

The video discusses the biggest risks in the current optimistic world, focusing on geopolitical and economic uncertainties, such as populism, Brexit, and US elections. It highlights the potential for trade wars and protectionist behavior. The speaker also addresses Morgan Stanley's risk management strategies, emphasizing the balanced business model with wealth and asset management.

What is considered the biggest risk for the market according to the speaker?

• Market competition

• Environmental changes

• Geopolitical uncertainty

• Technological advancements

Which political events are mentioned as indicators of a fundamental shift in global politics?

• The Olympic Games

• The rise of cryptocurrency

• The Brexit vote and US presidential elections

• The Paris Agreement

What potential outcomes does the speaker associate with geopolitical changes?

• Increased global cooperation

• Environmental sustainability

• Legitimate trade wars and protectionist behavior

• Technological breakthroughs

What does the speaker identify as a backup to economic political risks?

• Environmental risks

• Social risks

• Technological risks

• Geopolitical risks

How is Morgan Stanley's business model described?

• Centered on environmental sustainability

• Primarily technology-driven

• Evenly split between wealth management and sales, trading, and banking

• Focused solely on banking