David Eiswert discusses the challenges for markets and why he is more positive. Read more...
Markets are worried about inflation, trade wars and the end of monetary stimulus. We are skeptical, however, about the “return of inflation” and believe markets can cope with a rising rate environment.
We remain focused on being on the right side of change, investing in companies that can grow in what we believe will be a lower-growth world.
However, we are taking a more balanced approach and are being specific about the stocks we own.
Some injection of uncertainty feels normal. For fundamental stock pickers like ourselves, it gives us an opportunity to demonstrate our skills and abilities.
July 10, 2018
David J. Eiswert, Portfolio Manager, Global Focused Growth Equity Strategy