Wealth Management — June 6, 2023
Investors’ enthusiasm about artificial intelligence is driving gains for the handful of mega-cap tech stocks that dominate benchmark U.S. equity indices. The result, Morgan Stanley Wealth Management Chief Investment Officer Lisa Shalett tells CNN, is an increasingly concentrated and fragile market.
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.
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