Morgan Stanley
  • Wealth Management
  • Apr 6, 2021

Shalett on CNBC: Why this Cycle Is Different

The aftermath of the Great Recession saw banks and households focus on deleveraging and repairing their balance sheets—but this cycle is different, notes Morgan Stanley Wealth Management Chief Investment Officer Lisa Shalett. Today, a combination of monetary and fiscal stimulus has left consumers with excess savings and banks with capacity to lend. What does that mean for the housing cycle, mortgage lending and inflation? Shalett explains on CNBC.


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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.

Visit Wealth Management Portfolio Insights for more market commentary and insights from Lisa and her team at Morgan Stanley.