Bond Markets Have Fundamentally Changed, Says Morgan Stanley's Paul

Sherry Paul, a private wealth advisor, discusses the current market trends, focusing on the drawdown in big tech stocks and the impact of interest rates. She emphasizes the importance of seeing opportunities amidst economic recovery and suggests rebalancing portfolios to prepare for structural inflation. The discussion also covers the potential effects of the infrastructure package on economic growth and the importance of focusing on growth themes and sectors that can withstand rising rates.

What factors does Sherry Paul believe are influencing the current drawdown in big tech stocks?

How does Sherry Paul describe the current state of the economy in relation to the pandemic?

What investment strategy does Sherry suggest for those holding big cap tech stocks?

What is Sherry Paul's perspective on the impact of the infrastructure package on economic growth?

How does Sherry Paul suggest investors should approach policy uncertainty?

What does Sherry Paul mean by 'structural inflation' and how should investors respond?

What sectors does Sherry recommend focusing on in a rising interest rate environment?