Thomas McManus
Thomas McManus
conditions continued cost currently earnings growth hold inflation interest labor likely longer pressures rates stable tight
Continued cost inflation pressures and tight labor conditions may keep upward pressure on interest rates longer than currently perceived. It's likely large-cap stable growth will hold up better if earnings falter.
asset attention emphasis less pay
I think you should pay attention to people's recommended asset allocation and you should put less emphasis on the targets.
biggest concern impact inflation seems stock
It seems to be the biggest concern is inflation, and the impact on (price/earnings) multiples and dividend yields. Unfortunately, there aren't enough inflation beneficiaries in the stock market.
aversion believe broad increased market response rises risk stocks
We believe that some large-capitalization stocks will outperform the broad market if investors' risk aversion rises in response to increased volatility.