An investment strategist at a $939 billion firm shares the 4 asset classes investors should buy for big gains as the market shifts to a new normal — and why last market's losers will become the biggest winners
But as a new era dawns, investors should buy last cycle's losers for outperformance going forward.As the economy hurtles towards an impending downturn, many of the characteristics that defined markets in recent years have flown out the window.stickier inflation
, Armstrong told Insider in a recent interview. And the implications don't just stop there — Armstrong believes that"virtually all assets" will feel the pain. "We've been trimming some of our more cyclical winners and big winners in the tech space — not a complete rotation, but on the margins adding to some more defensive areas like healthcare and staples," he explained.
for outperformance. As an explanation for this rotation, Armstrong cited a few different catalysts, including cheaper international valuations, a weakening dollar, and differing global market weightings.that tend to respond favorably in an inflationary regime. There's just less exposure to some of the growthier areas of the market, and we think that underlying composition is more favorable in international markets currently," he explained.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How Airbnb rental arbitrage works, entry-level real estate investingA former FedEx driver who couldn't afford to invest in real estate the traditional way explains how he used 'Airbnb arbitrage' to acquire 25 rental units in less than 2 years
Read more »
Nearly 4,000 people lost their jobs last month because of AI: reportNearly 4,000 people lost their jobs last month because of AI — the first time that's been cited as a reason, one report says
Read more »
Elon Musk is accused of insider trading by investors in Dogecoin lawsuit
Read more »
Fisker Ocean electric SUV tops Tesla Model Y with 360-mile range ratingInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Read more »
International Insider: Bad Week For ITV; Cannes Gets Political; Indian Scribe SurveyGood afternoon Insiders, Max Goldbart here bringing you a rundown of all the biggest headlines and analysis from the international film and TV universe. Read on. Bad Week For ITV Carolyn McCa…
Read more »
Mass layoffs due to companies misunderstanding pandemic: Intuit CEOThe CEO of software giant Intuit, which has avoided mass layoffs, says tech firms axed jobs because they misread the pandemic
Read more »