5/5/2021 7:02:30 AM GMT
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By FXStreet Insights Team
As is often the case with bull markets, a lengthy run of good news and better-than-expected economic data has helped propel stocks to all-time highs. Investor risk-taking has increased, and confidence has begun turning into complacency. Now, new risks are emerging. Key among them: mounting supply-chain woes that are making it harder for businesses to keep up with soaring demand, Lisa Shalett, Chief Investment Officer, Wealth Management at Morgan Stanley briefs.
Reasons for concern have begun to materialize amid new stock-market highs
“The supply-chain imbalances are becoming so severe that their risks go beyond the short-lived bout of inflation that many analysts predicted. Rising real-time production delays could crimp sales and drag down corporate earnings and economic growth.”