Morgan Stanleys Shalett Prefers Bonds Over Very Vulnerable US Stocks
Morgan Stanley Wealth Management CIO Lisa Shalett saysinvestors should rebalance their portfolios towards bonds as interest rates fall. We still believe from here that American stocks, again, as measured by the index, are very vulnerable to a 10 to 15 correction, she says on Bloomberg Television. So we have a preference for bonds Follow Bloomberg for business news analysis, uptotheminute market data, features, profiles and more: Connect with us Twitter: Facebook: Instagram:
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