Morgan Stanley reported $94 billion in net new assets, indicating strong client engagement despite ongoing market volatility. The firm’s investment banking pipeline remains robust, although analysts caution that the timing of transactions is sensitive to market conditions. In light of tariff volatility, Morgan Stanley's Chief U.S. Equity Strategist, Mike Wilson, advised investors to 'buy weakness' and focus on long-term opportunities, urging clients to ignore market noise and political distractions. Analysts have noted a growing demand for strategic advice amid the uncertainty stemming from tariff discussions and market fluctuations.