Rotation Into Small Caps 'Has Legs,' Says Shalett of Morgan Stanley

The video discusses recent market trends, focusing on the Russell index's performance and the potential for continued growth. Lisa Shannon from Morgan Stanley provides insights into the market's shift towards safety, dominated by FANG stocks, during the recession. As signs of economic reopening emerge, particularly in Europe and the US, there is optimism about a shift towards more cyclical and value-oriented stocks. The discussion highlights the valuation gap between major tech stocks and the broader market, suggesting potential opportunities for investors.

What are the implications of the gradual reopening mentioned by Lisa Shannon?

In what way does Lisa Shannon believe the market will change in the coming weeks?