PremiumMorgan Stanley Warns AI's $1.6 Trillion Capex Plan Now Lives Or Dies In The Credit Market
On Sunday, we followed Morgan Stanley as it traced AI's $1.6 trillion capex bill through the supply chain, arguably the most important fund flows chart today, and found that AI capex will drive ~25% of S&P sales growth and 78% of earnings growth next year. That answered where the money goes.
