While geopolitics add tension, global growth slows its pace, interest rates rise, and equities experience a sell-off, we still think the outlook for returns is improving. Below, GSAM’s portfolio managers discuss maintaining a pro-risk strategy and the importance of dynamic investing.
Anders Nielsen, Head of Macroeconomic Research and Investment, Global Portfolio Solutions, says as expansion continues, we now see the risks to global growth as balanced.
Michael Swell, Co-Head, Global Portfolio Management, Global Fixed Income, discusses where he believes rates are headed from here.
Sally Pope Davis, Co-Lead Portfolio Manager, Small Cap and SMID-Cap Value Strategies, Fundamental Equity, discusses the equity markets in a rising rate environment and how the later stages of the economic cycle and the impact of tax cuts may benefit US small caps.
Michael Swell, Co-Head, Global Portfolio Management, Global Fixed Income, suggests volatility was suppressed by liquidity and central bank policy, but going forward believes volatility will generally be higher.
The panel discusses positioning a weaker dollar to reduce the trade deficit, short term volatility and an overall strong macro backdrop for the US.