💼No immediate changes to our investment approach despite the Fed's hawkish statement.
📉Tech sector may underperform due to its high relative valuation.
📈Small caps and financials could benefit from falling rates.
🏢REITs offer high-quality dividends and growth potential despite market punishment.
💰Financing costs may become easier, creating a tailwind for various sectors.
What are the immediate changes to your investment approach after the Fed's hawkish statement?
—There are no immediate changes as our base case scenario aligns with consensus.
Why may the tech sector underperform in the current market?
—The tech sector's high relative valuation poses challenges for continued outperformance.
Which sectors could benefit from falling rates?
—Small caps and financials are among the sectors that may benefit from falling rates.
Why consider investing in REITs despite recent punishment?
—REITs offer high-quality dividends and growth potential, making them attractive options.
How may changing financing costs impact various sectors?
—Easier financing costs can create a tailwind for multiple sectors.
00:19No immediate changes to investment approach despite the Fed's hawkish statement.
00:54Tech sector may underperform due to high relative valuation.
02:02Small caps and financials could benefit from falling rates.
03:17REITs offer high-quality dividends and growth potential despite market punishment.
03:59Easier financing costs can create a tailwind for various sectors.
