David Bowers in discussion with CNBC
- Absolute Strategy
- Dec 3, 2024
- 1 min read
‘Biggest issue for the next 12 months is what happens to inflation,’ says strategist
David Bowers, Absolute Strategy's Chairman and Co-founder, discusses ASR's Asset Allocation Survey 2024Q4 and explores the interesting question: if the Trump 2.0 administration sees then confluence of politics and business, then where will capital be treated best over the next 12 months and beyond?
Increased optimism about the overall economic outlook - the AA Survey's Composite Optimism Index rose to 60% in Q4 from 55% in Q3
Earnings cycles in the US will likely start to broaden away from big tech into medium and smaller sized companies as tariffs may protect smaller, domestic US businesses
Appetite for US risk assets increasing - be that the $, US credit, US equities or US small cap
Fed cuts and the direction of US core inflation over the next 12-18 months in the midst of tariff threats, labour deportation and increased economic stimulus
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