“Step on a crack, break your mother’s back” conjures up images of children playfully jumping over gaps between sidewalk squares. As grownups, we can indulge such youthful superstitions as harmless. As investors, however, we recognize the very real risks posed by fissures and fault lines in the economic terrain — and the need to navigate them successfully. This is the challenge we’re facing midway through 2024.
Key takeaways
- The investing landscape looks increasingly fractured given slowing growth, sticky inflation and still-high interest rates.
- Amid these cracks, we suggest a focus on higher-quality equities, taking on selective credit risk in fixed income and leaning into real assets.
- We also see opportunities in less-traveled areas such as floating rate investments and themes associated with clean energy transition.
Explore the investment outlook by section
- Section 1: Widening cracks in the investment landscape
- Section 2: Portfolio construction themes
- Section 3: The economy and markets
- Section 4: Best ideas across asset classes
You can now read the full whitepaper at the link below
