Morgan Stanley's Shalett: Rally Isn't an 'All-Clear' Signal for Investors
Morgan Stanley Wealth Management Chief Investment Officer Lisa Shalett says investors emboldened by July's equity market rally aren't "looking at the data" as the US economy slows and the Federal Reserve tightens policy. "Investors who think that this second quarter is the signal of an all clear, I just don't think that they're looking at the data," Shalett says on "Bloomberg The Open."
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