每日机构分析：5月21日

Group 1 - Morgan Stanley upgraded the ratings of US stocks and sovereign bonds from "neutral" to "overweight," anticipating that a series of future rate cuts by the Federal Reserve will support bonds and boost corporate earnings [1] - The US dollar is expected to continue weakening due to diminishing economic growth advantages and narrowing yield differentials with other countries [1] - The global economy is still expanding despite uncertainties, with Morgan Stanley's economists predicting seven rate cuts by the Federal Reserve by 2026, which will support above-average valuations [1] Group 2 - The overall inflation rate in the UK rose from 2.6% in March to 3.5% in April, exceeding economists' expectations of 3.4%, but the possibility of a rate cut by the Bank of England in August should not be ruled out [3] - Thailand experienced accelerated external demand growth in the first quarter, attributed to importers making advance purchases to avoid potential future cost increases due to US tariffs [3] - The financial sector is considered the best investment opportunity in the market, with Singapore's expected P/E ratio at 14.3 and a dividend yield of 4%, indicating attractive valuations [3]