Could Stock Picking Matter More Than Sector Positioning This Year?
Comment of the Day

May 30 2019

Commentary by Eoin Treacy

Could Stock Picking Matter More Than Sector Positioning This Year?

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Eoin Treacy's view

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The Federal Reserve aggressively tightened policy last year by both raising rates and reducing the size of its balance sheet simultaneously. That has had more of an effect on international growth than domestic growth but the underperformance of the banking and industrial sectors is a testament to slowing activity. We are at the point in the cycle where we can expect easier policy. The big question is whether the Fed will act soon enough to avoid negative economic figures.

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