Threat of a Fed Rate Hike Is Changing the Leadership in Markets, Slimmon Says

Andrew Slimmon, managing director and head of applied equity advisors at Morgan Stanley, said he supports Federal Reserve Chair Kevin Warsh's Jackson Hole speech and that market leadership is shifting in response to the possibility of a rate increase. Slimmon made the comments on Bloomberg Television. The specific market changes he referenced were not detailed in his statement.

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