Reported 12 months ago
US Bank Wealth Management senior investment strategist, Tom Hainlin, advises investors to consider allocating more towards inflation-sensitive assets given the current economic environment. Despite recent data showing a slight decline in new pending home sales and an increase in initial jobless claims, Hainlin remains positive about the economy, emphasizing the importance of growth and inflation-sensitive investments. He suggests shifting funds from core bonds to US large-cap equities and real assets, such as commodities and inflation-protected bonds, to capitalize on the potential for stock prices to increase. Hainlin also offers recommendations for balancing offensive and defensive strategies amidst uncertainties like upcoming rate cuts and the impact of the US election on stock markets.
Source: YAHOO