Wealth Management — Aug 12, 2022
July’s consumer price index reading suggests “a lot of things have gone right” for inflation, says Lisa Shalett, Morgan Stanley Wealth Management Chief Investment Officer. But inflation, at 8.5% headline and 5.9% core, remains “nowhere near” sustainable.
On Bloomberg’s “What Goes Up” podcast, she explains the continued pressure on the Fed, a potentially premature market rally, pockets of the market that may offer attractive value, current Washington dynamics and more.
Lisa Shalett is Morgan Stanley Wealth Management’s chief investment officer, a member of the Global Investment Committee and a regular contributor to CNBC, Bloomberg and other financial news outlets, where she helps sift the signal from the noise.
Visit Wealth Management Portfolio Insights for more market commentary and insights from Lisa and her team at Morgan Stanley.