We will be hosting a flash call updating our U.S. Economic Thesis today at 11:00am EST.
- Toll Free Number:
- Direct Dial Number:
- Conference Code: 944389#
- Materials: CLICK HERE (slides will be available approximately one hour prior to the call time)
We'll provide an update to our 1Q14 Macro Investment Themes of #GrowthDivergences and #InflationAccelerating, while highlighting the current quantitative setup for domestic equities, bonds, and the $USD. We will review how to be positioned for slowing growth and rising inflation as well as host a live Q&A Session at the end of the call.
KEY TOPICS WILL INCLUDE
- #GrowthDivergences: Since our call on 1/9/14, the incremental fundamental data has continued to reflect a deceleration in the slope of domestic growth. We'll survey the latest income, housing, manufacturing and consumption data and the implications for equity and asset class positioning.
- #InflationAccelerating: Long inflation expectations and #GrowthSlowing has been the positioning playbook YTD with the CRB commodities index accelerating, Utilities and Healthcare leading sector performance and low short interest, low Beta, and large Cap style factors driving relative equity out-performance. We'll discuss whether to remain long this trend.