MacroResearchBoard

The Great Rotation: Are You Positioned? – November 23, 2020

While all eyes this year have been focused on the pandemic and, more recently, positive vaccine developments, with the U.S. election garnering its share of attention, there are potentially huge longer-term changes in the global capital market landscape underway. These changes could significantly impact portfolio performance in the years ahead.

Last week, MRB hosted a special webinar that examined this topic in detail and answered clients’ questions. The U.S. dollar has already eroded modestly this year. Moreover, and perhaps even more importantly, the U.S. equity market has recently stopped outperforming after a decade-long winning streak, notably against EM Asian equities. While many investors are starting to ponder investing outside the U.S., positioning has a long way to shift if this theme truly blossoms. Stay tuned.