Morgan Stanley's Lisa Shalett: The defensive position should include broadening beyond Mag 7

Lisa Shalett, chief investment officer at Morgan Stanley Wealth Management, joins CNBC's 'Squawk on the Street' to discuss market outlooks, how to position going into Q3, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/42d859g
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[@RyanPatrick-ib2uv]

[@LouisSmith-wt9vh]

You just mentioned Expert Laura, Indeed, wow that woman has been an incredible mentor to me, imparting a deep understanding of the economy that I wish college had provided.

[@AndreasPoland-rm4zv]

The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional.

[@WillPerry-b7r]

Interesting! But I'm new here. How can I get to this person's guidelines??

[@RyanPatrick-ib2uv]

SHE IS ON TELEGRAMs

[@RyanPatrick-ib2uv]

@LauraGil52 That's it >>>>>>

[@SarahOlivera-t4z]

I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.

[@FolarinSodiq]

The professionals presently control the market since they not only have the essential business strategy but also have access to inside information that the general public is not aware of.

[@RhondaArmstrong-y4d]

@@FolarinSodiq The reason I decided to work closely with a brokerage adviser ever since the market got really tense and the pressure became so much(I should be retiring in 17months) so I've had a brokerage adviser guide me through the chaos, its been 9months and counting and I've made approx. 650K net from all of my holdings.

[@SarahOlivera-t4z]

@@RhondaArmstrong-y4d How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

[@RhondaArmstrong-y4d]

@@SarahOlivera-t4z “Victoria Carmen Santaella’’ You can easily look her up, she has years of financial market experience.

[@SarahOlivera-t4z]

@@RhondaArmstrong-y4d Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible.

[@littleturtle5818]

She has been very cautious and has missed the big rally in tech stocks, just like her co-worker Mike Wilson. Oh BTW, another big bear over in JPM has just left the company. Ouch!

[@comandinn505]

Remember how the Russell 2000 was going to “explode” at the beginning of the year? How’d that work out?

[@ryann8348]

Timing mean reversions is pretty much impossible, but there's no way small caps can stay at a PE of 13 forever. I got into the R2K in late January, and I think it's the best risk-reward position. If you think in days/weeks/months though, it's going to be tough to stick with

[@weho_brian]

growth over small caps any day

[@ericj9011]

That was based on seven rate cuts😂

[@ryann8348]

@@ericj9011 Or just valuation. Both the S&P 600 and R2K are trading at a multiple of 13, and they have times of being in the low 20s.

[@amatuer2]

A VERY GOOD INTERVIEW.

[@tvm73827]

She looks so old now! Is this the same Lisa Shalett who used to work for Goldman Sachs. She was such a doll then!

[@charleswhite3759]

im sure she will love your comment

[@weho_brian]

2 different people 😆

[@keimo2007]

@@charleswhite3759 😁

[@tvm73827]

@@charleswhite3759 who?

[@thewheelsonthelabus]

Listen, maybe a company like MSFT will slow down, but there’s still value in Mag 7, look to AMZN and TSLA especially, META too.

[@weho_brian]

yep I own the smaller megacaps. The path to 2 Trillion for Meta, Amazon, and Tesla is easier than Apple, Microsoft to 6T

[@thewheelsonthelabus]

@@weho_brian agree, and to be fair, thats almost a strength for those stocks, they basically move like indexes so capped on upside but pretty much guaranteed to keep growing. BTC is also now basically a blue chip megacap stock with high growth potential, should be in every portfolio imo

[@cozyslor]

Tyne Daly works for Morgan Stanley?

[@unclejoe8279]

Amazing what a Trillion dollar bailout can do.

[@davidgray3321]

If their earnings growth normalise they are still producing wealth, remember. I love it when people pretend they are clairvoyant, an old friend of mine who was in the city in London was often asked, “if I buy this WILL it go up?” , he used to say “if I knew that I would be on a beech in the Bahamas”.

[@Lex41127]

If you give me a chance to place a bet on the top 7 nfl teams why would one diversify away from that. Tom Brady is throwing to many TDs let’s move away from that.

[@andrerodriguez7603]

😂

[@Alpharizzchad]

I wipe out my Big 10 in Mag😅

[@ForwardThinkingIncome]

I'll grab 100 not 7 with Nasdaq-100

[@niklas4031]

This bubble burst will be entertaining 😂

[@2023gainer]

Global Investors loading the EV sector Dips for Summer Gains. FSRNQ.. Fisker up 11 % week. Zapp up 40 % today and near 60 % week. Blade Evtol Jets...Alpp..Alpine 4 Holdings..QS and more.

[@martymar214]

Just buy more stocks and hold them for 30-50 years keep working hard and always keep god first! ‼️‼️🎊🎊🎊🙏🏽🙏🏽🙏🏽 street and books smart