Jun 16, 2026 – 1.04pmInside a packed Sydney hotel last week for the annual Morgan Stanley Summit, the mood was defiantly upbeat. Market pundits crowded into buzzing conference rooms, eager for insights from Treasurer Jim Chalmers to a humanoid robot named KOID.The annual gathering coincided with an extremely volatile week for equity markets, with investors buffeted by fears of higher US borrowing costs, whiplash uncertainty in the Middle East and SpaceX’s pending $US75 billion IPO.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles