Has there been any changes in the economy or fundamentals that have resulted in the recent rise in inflation/yields and the value vs. growth spread? Not in Astoria’s view.
Until macro-economic data & earnings improve, Astoria’s Investment Committee prefers to maintain a lower portfolio beta (i.e. less allocated towards stocks and higher allocations to alternatives).
Click here to read our September 10, 2019 CNBC interview
Best,
Astoria Portfolio Advisors Investment Committee
For full disclosure, please refer to our website:
https://www.astoriaadvisors.com/disclaimer
Click here for Photo Source
