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Will Baker
Vice President, MSCI Research
Will Baker is a member of the MSCI research team that specializes in modeling macroeconomic-market interactions. Will holds a bachelor’s degree in mathematics from Emory University and a doctorate in mathematics from the University of California at Los Angeles.
Research and Insights
Articles by Will Baker
Macro Scenarios in Focus: Are US Markets Priced for Perfection?
8 mins read Blog | Apr 2, 2024 | Dora Pribeli, Will Baker, Thomas VerbrakenGlobal forecasters have recently suggested that the world economy is headed for a soft landing. Our latest market stress test looks at how this and other, less benign scenarios could affect a multi-asset-class portfolio in the coming months.
Macro Scenarios in Focus: Adapting to the New Normal
6 mins read Blog | Jan 3, 2024 | Will Baker, Dora Pribeli, Thomas VerbrakenMarkets seem to be priced for a soft landing, in which inflation returns closer to target levels and recession is avoided. We also consider two potential downside-risk scenarios: a hard landing and a resurgence of inflation.
Macro Scenarios in Focus: Higher Rates for Longer
6 mins read Blog | Oct 5, 2023 | Thomas Verbraken, Will BakerHow could higher global rates for longer than expected affect a global portfolio of equities, bonds and real estate? In our new quarterly series, Macro Scenarios in Focus, we consider four potential paths for the global economy and conduct a portfolio stress test.
Macro Scenarios: Resilient US Economy but Downside Risks Loom
2 mins read Quick Take | Jul 3, 2023 | Thomas Verbraken, Will BakerInvestor sentiment has improved since the recent banking turmoil, and a soft landing for the U.S. economy seems possible. But there is geographic fragmentation, with China’s post-lockdown recovery potentially stalling. What could it mean for markets?
Macro Scenarios: Soft, Hard or No Landing This Year?
7 mins read Blog | May 5, 2023 | Thomas Verbraken, Will BakerIn the wake of the recent banking turmoil, a soft landing for the U.S. economy now seems less likely than at the beginning of the year. We considered four scenarios and performed a stress test on a hypothetical portfolio of global stocks and U.S. bonds.
Four Scenarios for 2023: Navigating Uncertainty
6 mins read Blog | Feb 2, 2023 | Thomas Verbraken, Will BakerThe macroeconomic landscape for 2023 is shrouded in uncertainty following a tumultuous 2022. We consider four scenarios for growth, rates and inflation and gauge their potential impact on a portfolio of global equities and U.S. bonds.
Will a Rail Strike Stop the US Economy in Its Tracks?
2 mins read Quick Take | Nov 30, 2022 | Will Baker, Thomas VerbrakenWhile a U.S. railroad strike was averted in September, and the U.S. Congress is currently working on legislation to prevent the planned December strike, there is a chance it might not be avoided this time. What’s the potential impact on portfolios?
Fed Policy and the Threat of Stagflation
7 mins read Blog | Apr 4, 2022 | Daniel Szabo, Will Baker, Thomas VerbrakenInvestors are increasingly focused on inflation and the Fed’s tightening of monetary policy. With the Russia-Ukraine war and resulting sanctions, they may also worry about slowing economic growth. We model three economic scenarios’ potential impact on markets.