WHAT

DO

YOU

SEE?

© 2020 Morgan Stanley. All rights reserved. CRC 3153274 08/

WE SEE STRENGTH AND RESILIENCE.

In an interconnected world like ours, even seemingly small changes

can have outsize effects. Our research shows the most resilient

companies are those that understand the downstream “butterfly effect”

of their business practices on the environment, their customers and

their employees. We see current market volatility as a wake-up call

for investors to value such foresight to help reduce long-term risks.

morganstanley.com/butterflyeffect