Morgan Stanley's Colm Kelleher Assesses Global Markets

The video discusses Morgan Stanley's business planning, assuming subdued markets and low interest rates. It analyzes interest rate forecasts, economic conditions, and the impact of Brexit. The discussion covers market volatility, asset bubbles, and the risks associated with low rates. It concludes with an examination of asset valuations, particularly in commercial real estate and equities, and the potential risks involved.

What are the potential risks associated with low interest rates as mentioned by the speaker?

What does the speaker suggest about asset classes and their valuations?