GenAI Boom Rewrites Investment Handbook: Morgan Stanley

GenAI Boom Rewrites Investment Handbook: Morgan Stanley

Morgan Stanley Wealth Management’s chief investment officer, Lisa Shalett, believes the current bull market will be remembered as the “Great GenAI Boom.” She suggests that while infrastructure investment and productivity improvements are likely to be hallmarks, this era may also mark the point when tech scale and wealth concentration rewrote the investing handbook and altered the central bank framework. According to Shalett, the US economy is cu…