A chief global strategist explains why it's time to pivot from stocks as a new era of investing kicks off
With the Fed committed to tighter monetary policy following a decade of near-zero interest rates, a new era of investing is dawning and investors will have to adopt a different strategy for 2023 and beyond, according to Seema Shah, chief global strategist at Principal Asset Management.
To Shah, equities will be one of the key losers moving forward, but the current stock rally presents a good time to pocket gains and exit positions before more headwinds hit, such as an earnings recession and broader economic downturn. Looking ahead, Shah is watching bonds and the fixed-income space as safe corners of the market, given that yields are generating attractive returns relative to recent history.
Historically, during periods of low economic growth and high inflation, listed infrastructure outperforms fixed income and equities, she said.
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.
Two top Tesla watchers debate the bull vs. bear cases for the stockGLJ Research's Gordon Johnson and New Street Research's Pierre Ferragu give their takes on Tesla following the company's annual investor day.
Read more »
Opinion: Does South Bay really need a university?Opinion: Does South Bay really need a university? [Opinion]
Read more »
IOTA's Shimmer (SMR) Makes New Listing on Top European Exchange: DetailsIOTA's Shimmer (SMR) achieves new exchange listing SMR $SMR $IOTA
Read more »
U.S. and Russia's top diplomats meet for the first time since the Ukraine war beganRelations between the two countries have collapsed over the Ukraine war, with the U.S. slapping thousands of sanctions on Russia, and militarily, economically and diplomatically supporting Ukraine.
Read more »
Top NFL Draft Prospect Jalen Carter Turns Himself In, Poses For Mug ShotTop NFL draft prospect Jalen Carter turned himself in to police on Wednesday night ... posing for a mug shot -- before quickly being released.
Read more »
Wales orthopaedic wait times need urgent action - auditMore than half of patients are waiting longer than the 26-week target for orthopaedic treatment.
Read more »