Date: Wednesday, April 2, 2014
Topic: The Great Stock-Bond Rotation Revisited
Speaker: Nicholas P. Sargen, Chief Investment Officer, Fort Washington Investment Advisors Inc.
Our speaker, Nicholas Sargen, believes that U.S. stocks will continue to outperform both bonds and emerging markets as they did in 2013. However, the gap in performance will be considerably smaller, as U.S. equity valuations are no longer cheap and the market is pricing in favorable news for the U.S. and global economy. The main risk for U.S. equities is that the Federal Reserve may not be able to wind down its quantitative easing program successfully.