Lisa Shalett on CNBC: 2024 Earnings Forecasts Are Too Optimistic

Wealth Management — June 29, 2023

Morgan Stanley Wealth Management Chief Investment Officer Lisa Shalett tells CNBC that corporate earnings forecasts for 2024 seem too optimistic. Markets could “hit a wall” if earnings disappoint or higher interest rates pressure price/earnings multiples.

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.