Tactical asset allocation outlook

[ "" ]
[ "Market Outlook" ]
[ ]

A snapshot of our current views on equity, fixed-income and alternative asset classes — updated monthly to help you tactically adjust for opportunities and risks.

Key Takeaways
  • While our broader equity scorecard improved, the recent uptick in market volatility and elevated valuations drove the decision to maintain our neutral equity positioning.

 

  • We maintain a neutral position in fixed income amid increased uncertainty about the path forward for the Fed. Correlations between stocks and bonds remain low, which support diversification.

 

  • We continue to have a neutral position in alternatives, as we believe the potential diversification benefits offset the potential challenges of lower inflation to assets like commodities and REITs.