Recession fears remain high in North America and other developed nations as central banks prioritize getting inflation under control over economic growth.
There are signs that maybe inflation is starting to peak, which means central banks will continue to tighten, but at a less aggressive pace. On the equity side, we use an anti-beta exchange-traded fund that goes up when the markets go down. On the fixed income side, we use private credit, which has been more attractive than it has in a long time. We also have a fund that invests in real assets including energy, gold and physical real estate, for example, that’s done well as an inflation hedge.A fair amount of damage has been priced in so far this year.
globebusiness Who has high levels of cash? Not me.