Despite our constructive strategic outlook, it is critical to note that the US macroeconomy is currently progressing through the Late Expansion stage of the business cycle. Read more...

Our decision models for asset allocation are signaling that the reward-risk profile for US equities merits caution. Read more...

We believe that, in the absence of a significant macroeconomic shock, US business cycle conditions will remain favorable for US equity performance. Read more...

Our strategic outlook for US Equities remains constructive. We believe that, in the absence of a significant macroeconomic shock, US business cycle conditions will remain favorable for US equity performance,. Read more...

Our tactical outlook for US Equities is cautious in the short-term and intermediate-term. Amongst other factors, US-China trade risks lurk and risk of Fed disappointment has increased. Read more...