Morgan Stanley’s Sheets Goes All-In on V-Shaped Recovery Trades
- Chief cross-asset strategist recommends small caps over tech
- Also likes yield steepeners with rates set to rise with growth
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A famous Wall Street bear-turned-bull is urging clients to double down on V-shaped economic bets, even as talks on fresh stimulus collapse.
Spurred by conviction on reflation, Andrew Sheets is bullish on small-cap stocks and recommends selling defensive trades from technology firms to long-dated Treasuries.