Major Wall Street firm has one of its largest equity overweights ever

Major Wall Street firm has one of its largest equity overweights ever

November 11, 2021 Johnathon Wiers 0

A major Wall Street firm is piling into stocks near record highs.Wilmington Trust’s Meghan Shue reveals her firm has one of its largest stock market overweights ever.Shue, who oversees $152 billion in assets, attributes a strong economic backdrop and seasonal tailwinds for the bullish move.”The near-term disruptions and the near-term concerns over inflation and supply…