Chief Investment Officer of Morgan Stanley Wealth Management: Don't chase after the rise of US small-cap stocks, the upward trend is not sustainable

Wallstreetcn
2024.07.22 22:23
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Lisa Shalett believes that the profitability issues of small-cap stocks are unlikely to be resolved by a 75 basis point rate cut by the Federal Reserve. The prospect of the Republican Party winning in the November election in the United States may stimulate the small-cap stock market, but this market is expected to be short-lived. Sustainable fund rotation favors large-cap stocks and high-quality cyclical stocks