Mackenzie, one of the world’s leading funding management companies, said that he started to be less optimistic about stocks and began to see more boiler in bonds.
Lesley Marks, Chief Investment Officer of Mackenzie, said that the effects of central banks’ efforts to increase their borrowing costs on the economy and finally directed investors to a more defensive attitude.
“As the data continues to emerge for the rest of the year, we think that people will see that the economy is actually slowing down, and he continued as“ relative value is currently in fixed income investments ”.
Mackenzie’s view is actually common among billionaire investors and famous fund managers. Especially, as mentioned in the report titled neden Why should investors not to fight with the FED ”published by Morgan Stanley, the 16 percent rally in S&P 500 is ignored by ignoring the economic slowdown.
However, in accordance with Mackenzie’s opinion, Global Fund Managers think that Fed’s hawk attitudes are perceived by the markets as an economic optimism or an irrelevant threat…
The stagnation will be moderate, the selection of stocks is important
Marx said in a statement that a global stagnation would be moderate, but in the second half of 2023, the slowdown in the economy will begin to be more effective on the appearance of stocks. Marks, who recommends that investors to be more careful about the stock investment, said that especially sectors such as non -cyclic basic consumption and health may come to the fore in an economic slowdown period.
