In this video, Bill Dinning, Chief Investment Officer, discusses recent market movements, highlighting concerns over a potential U.S. recession, which he believes may be overstated. Bill explains that the U.S. Federal Reserve is expected to cut interest rates later this month and addresses corporate news, including doubts about the optimistic profitability projections of AI and tech companies. Bill explains that corporate profits remain robust, supporting a positive outlook for the U.S. economy. As a result, Waverton’s asset allocation remains slightly overweight in equities and underweight in fixed income, reflecting confidence in market resilience.
Risk Warning
The views and opinions expressed are the views of Waverton Investment Management Limited and are subject to change based on market and other conditions. The information provided does not constitute investment advice and it should not be relied on as such. It should not be considered a solicitation to buy or an offer to sell a security. All material(s) have been obtained from sources believed to be reliable, but its accuracy is not guaranteed. There is no representation or warranty as to the current accuracy of, nor liability for, decisions based on such information.
Changes in rates of exchange may have an adverse effect on the value, price or income of an investment. Past performance is no guarantee of future results and the value of such investments and their strategies may fall as well as rise. Capital security is not guaranteed. Derivative instruments can be utilised for the management of investment risk and some of these products may be unsuitable for investors. Different instruments involve different levels of exposure to risk.
)Access all our articles and search the provider directory for free.