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.
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