Cal Mercer, CFP®

Cal Mercer, Financial Advisor, joined Morgan Stanley in 2017 after retiring as a Colonel in the U.S. Air Force.For more information see my website

NMLS#1638807

[Cal Mercer, CFP® @Cal_MercerMS]

While rising AI capex has weighed on internet and hyperscaler stocks, return on investment looks promising. Find out more in On the Markets. https://t.co/ER7dISg9Ob

[Cal Mercer, CFP® @Cal_MercerMS]

Small-cap stocks have outperformed the S&P 500 this year—a testament to the breadth in the equity market. But the question now is, will the small-cap rally continue? We are skeptical. https://t.co/Uv199bIFZs

[Cal Mercer, CFP® @Cal_MercerMS]

With yields on long-term Treasuries rising, the Treasury Department has decided to intervene. But markets do not appear stressed by rising yields, so a key question is, why now? https://t.co/mS9SaSzw1e

[Cal Mercer, CFP® @Cal_MercerMS]

Second quarter earnings results have helped drive the US equity market to all-time highs recently. Will the forces behind those earnings continue? https://t.co/y8gzjobbxz

[Cal Mercer, CFP® @Cal_MercerMS]

Wealth Management Chief Investment Officer Lisa Shalett recently shared her monthly update, discussing some of the key topics in markets, plus potential risks and opportunities for investors. Learn more here. https://t.co/LtYDfwQqxu

[Cal Mercer, CFP® @Cal_MercerMS]

AI's next bottleneck is electricity, making energy infrastructure speed a decisive driver of growth and returns. https://t.co/bN9jAYMUgu

[Cal Mercer, CFP® @Cal_MercerMS]

Hedged strategies may regain portfolio relevance as inflation and real yields weaken bonds' diversification role. https://t.co/3GuZdfWC4G

[Cal Mercer, CFP® @Cal_MercerMS]

With AI spending in the spotlight, progress on power costs, capacity utilization and water efficiency is key to addressing local concerns about data centers. Find out more in On the Markets. https://t.co/rCPjPvkdOz

[Cal Mercer, CFP® @Cal_MercerMS]

Why has the market's mood soured in recent weeks? Investors seem to want more compensation for risk and this could be a healthy development. https://t.co/4ryms8ZpWy

[Cal Mercer, CFP® @Cal_MercerMS]

Divided government is the base case, and markets may benefit as post-election policy uncertainty fades. https://t.co/GkqptFq1TF

[Cal Mercer, CFP® @Cal_MercerMS]

As AI adoption matures, value may shift from infrastructure winners to integration leaders with execution capacity. https://t.co/K8DG8sbxKj

[Cal Mercer, CFP® @Cal_MercerMS]

Affordable housing's supply-demand imbalance is creating durable opportunities across public and private markets for impact-oriented capital. https://t.co/UKJqL4V7sc

[Cal Mercer, CFP® @Cal_MercerMS]

When outstanding corporate earnings cannot drive the equity market higher, fundamentals may be changing. Is the bull market's narrative at an inflection point? https://t.co/LkoLqtqTIJ

[Cal Mercer, CFP® @Cal_MercerMS]

Tokenization is modernizing market infrastructure, improving settlement, collateral efficiency, and access across traditional assets. https://t.co/76JXsa6emD

[Cal Mercer, CFP® @Cal_MercerMS]

Middle-class security now depends less on income and more on balance-sheet resilience amid rising essential costs. https://t.co/JaQL0V8tqc

[Cal Mercer, CFP® @Cal_MercerMS]

Despite plenty of good news, the equity market has been trading in a tight range and has failed to push through its all-time high set in June. What does it mean when good news is not good enough? https://t.co/6I0xa70goA

[Cal Mercer, CFP® @Cal_MercerMS]

AI-powered manager selection can sharpen due diligence, helping investors identify potential outperformers and manage downside risk. https://t.co/Q0dsdoSsWQ

[Cal Mercer, CFP® @Cal_MercerMS]

While semiconductor euphoria has driven recent market gains, a broadening trade is brewing. Find out more in On the Markets. https://t.co/mghWF9A736

[Cal Mercer, CFP® @Cal_MercerMS]

Rapid repositioning in technology stocks has grabbed attention lately, but more subtle developments may have longer-term implications for investors, including higher real rates. https://t.co/V24yBARshy

[Cal Mercer, CFP® @Cal_MercerMS]

Emerging markets are increasingly differentiated, making active country and sector selection more important for diversification and returns. https://t.co/Y19UEI36fi