As global markets digested the regime change in the United States, we continued to navigate the late stages of the economic cycle. Economically sensitive sectors prevailed during the quarter, including Financials, Industrials, Materials and Information Technology. The reflation trade temporarily paused, but remains a key theme going forward, fueled by President Trump’s pro-growth policies. While ample geopolitical risk remains in the system, Europe is showing signs of reinvigoration and global governments are pushing money into the system, allowing liquidity levels to remain healthy. Genus Capital CEO and Chief Investment Officer Wayne Wachell and Director of Wealth Management, Leslie G. Cliff, discuss the positioning of Genus’ portfolios in light of prevailing market themes. They also address the question of how investors can achieve yield and mitigate risk in a low-rate environment.
May 9, 2017