CEF Report August 2022 | CEFs Continue In Rally Mode But For How Long?

Summary

• Risk assets continue to rebound with investors focusing on the potential of a Fed pivot given slower growth and inflation.

• We think we will shift from a stagflationary economic regime to a deflationary bust one.  That means adding duration and quality.

• What are the best opportunities today and what sectors should we be focused on?

• We think the inves…