Wealth Management — May 10, 2023
On Bloomberg, Morgan Stanley Wealth Management Chief Investment Officer Lisa Shalett explains that a deal to raise the federal debt ceiling could lead to a liquidity drain for the financial system amid a potential credit crunch. What’s more, any related spending cuts could dampen economic growth.
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.