In this video, Principal Ross Bramwell gives our current commentary on the markets and the economy. Here are some key economic and investment themes that are covered:
- Markets are waiting for clarity on tariff policy; uncertainty is the market’s enemy
- Markets are more worried about a slowdown in growth due to tariffs than inflation
- The Fed will stay paused on rate cuts given the economic backdrop
- Consumers remain resilient due to the labor market despite cautionary reports
- A lot of good news was priced into stocks; broadening of earnings needs to continue
- Geopolitical risks have declined, but are replaced by economic trade wars
- Overall positioning – We see lower recession risk but monitoring elevated valuations and potential tariff impact on economic growth
Watch here: https://www.youtube.com/watch?v=xCZsrtO3Htc
