SEE MORE: Making the Case for Emerging Markets
Acting together, these forces should keep the Fed on hold, while allowing the global economy to continue its sluggish growth pace. We think that the percent change in economic growth will be range bound, not breaking out in one direction or the other. Thus, corporate sales revenue can grow slowly, potentially catching up to nominal GDP. Investors can take advantage of this environment through careful investment selection.
The global financial markets have been “risk-on” since the Brexit vote, and our strategies have benefited. However, given our subdued view of potential economic growth, we think that risk management should still be our primary focus. Within that context, we are ready to take advantage of market volatility by making additional investments in areas that we think represent attractive valuation opportunities.
DISCLOSURES
Any forecasts, figures, opinions or investment techniques and strategies explained are Stringer Asset Management LLC’s as of the date of publication. They are considered to be accurate at the time of writing, but no warranty of accuracy is given and no liability in respect to error or omission is accepted. They are subject to change without reference or notification. The views contained herein are not be taken as an advice or a recommendation to buy or sell any investment and the material should not be relied upon as containing sufficient information to support an investment decision. It should be noted that the value of investments and the income from them may fluctuate in accordance with market conditions and taxation agreements and investors may not get back the full amount invested. Past performance and yield may not be a reliable guide to future performance. Current performance may be higher or lower than the performance quoted.
Data is provided by various sources and prepared by Stringer Asset Management LLC and has not been verified or audited by an independent accountant.