Let’s Talk! Around the Horn with Precedent’s Investment Committee
In this roundtable chat, we celebrated some good news: corporate earnings are hitting record highs and revenue growth is beating expectations, which bodes well for the market in the short term. But we also dug into the other side of the coin, talking about structural issues like big government deficits, aging demographics, and international headwinds that could pose challenges down the road. The group touched on sky-high stock valuations (taking a cue from Howard Marks’ latest memo) and why a bit of caution might be warranted today. To cap it off, we shared our take on those “alternative” investments everyone’s talking about, and why we prefer to steer clear of the illiquid stuff in our clients’ portfolios.
