We continue to recommend an overweight allocation to equities relative to fixed income

Here's what we're thinking

Written by Iconic Group
July 3, 2018

On balance, we continue to recommend an overweight allocation to equities relative to fixed income, with major central banks recently confirming our optimistic view of current economic conditions. Meanwhile, trade and political risks highlight the importance of diversification and tactical duration management within fixed income portfolios. A hawkish Fed and a European Central Bank (ECB) approaching the end of its accommodative monetary policy era support our view that recession risks are low at the moment, warranting our equity overweight recommendation.

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