Lisa Shalett Talks Fed Cuts

Lisa Shalett, Chief Investment Officer at Morgan Stanley Wealth Management, offers insights on the impact of Federal Reserve policy on market rally and equity valuations. She argues that recent signals of further rate cuts are misguided. Delving into market trends, she discusses gold's appeal amidst currency concerns and highlights that liquidity-driven inflation is reshaping asset valuations. Shalett also sees potential in financial sectors due to favorable conditions and emphasizes the critical 2026 deadline for AI to showcase productivity gains.