What was Morgan Stanley's expectation regarding the vaccine trials?
Morgan Stanley’s Sheets Sees Behavior of an Early-Cycle Market

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
They expected the trials to fail.
They had no expectations.
They expected some success with the trials.
They expected the trials to be delayed.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which markets did UBS recommend for investment?
US large caps and bonds
UK, European small and mid caps, and EM value stocks
Asian markets and commodities
Cryptocurrencies and real estate
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was a key factor in the decision to pursue early cycle reflationary trades?
Confidence in vaccine success
Lack of market options
Government regulations
High valuations of trades
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why are US financials considered an attractive trade?
They have been consistent performers.
They are heavily regulated.
They have very attractive valuations despite underperformance.
They have high valuations.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the current state of the Euro STOXX 50 according to the transcript?
It has been highly volatile over the last five years.
It has decreased significantly over the last five years.
It is roughly unchanged over the last five years.
It has significantly increased over the last five years.
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