Dan Suzuki: A Regime Shift in the Investment Cycle
Dan Suzuki, Deputy CIO at Richard Bernstein Advisors LLC, joins Real Vision managing editor Ed Harrison for a deep dive re-evaluation of portfolio asset allocations as the global economy is poised to recover from the COVID-19 pandemic economic shutdown. Suzuki suggests that what worked in the last decade – growth over value, U.S. exposure over international, large cap stocks over small cap, and investing in tech dominated companies – may not work in the coming cycle, and such allocations need to be rotated. Filmed April 7, 2021.
Key Learnings: Coming out of the economic shutdowns, the market is starting to price in a much faster tightening cycle than the Fed is considering, spurring the need to re-analyze portfolio allocations. A suggested portfolio rotation includes more international exposure over U.S., small cap over large cap and mega cap companies, and a smaller allocation to technology and high-growth sectors.