In this new video, Principals Ross Bramwell and Ford Donohue cover some key economic and investment themes:
· Markets have rewarded investors under a variety of U.S. Presidents
· The Fed may slow the pace of rate cuts given strong economic data
· Consumers remain resilient despite cautionary reports
· Mixed economic data will continue on path to soft landing
· A lot of good news is priced into stocks; broadening of earnings needs to continue
· The soft-landing scenario is looking more likely, but risks remain
· Geopolitical risk is elevated, but markets are taking it in stride for now
· Overall positioning – We see lower recession risk but monitoring elevated valuations
Watch here: https://youtu.be/ZS6ZCzXaL3A
