Both fiscal and monetary stimulus should boost earnings in the U.S. and abroad, with dollar weakness continuing to underpin international stocks.
According to the International Forum of Sovereign Wealth Funds, its investors’ strategies will not succeed by relying on asset allocation alone.
The agency’s single-employer and multiemployer programs reported positive net positions of $62.2 billion and $2.6 billion, respectively.
U.S. corporate debt and stocks, along with gold, are among the least attractive assets for managers over the next five years, according to Nickel Digital Management.
Additional retail and retirement-plan demand are expected to broaden distribution of private markets, but they will also bring scrutiny and comparisons to public markets.
Commodities rise; the dollar falls amidst deglobalization.
Democratic opposition appears likely to hold up the legislation as it moves forward.
Tariffs, uncertainty about the future of Federal Reserve independence, and rising U.S. deficits could drive yields higher.
