Lisa Shalett on Bloomberg: A Debt Ceiling Deal May Dampen Growth

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.

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