Good Afternoon,
Attached is a piece by Michael Arone at SSGA. There is a fair bit of marketing within the document pushing SSGA funds, but Michael provides his thoughts of cautious optimism heading into 2019. Broadly, SSGA has 3 suggestions for investment themes:
1.) Target quality over quantity of growth
2.) Get Defensive in bonds
3.) Focus on fiscal policy beneficiaries
We continue to buy into the first two themes and have enough international exposure to take advantage of the third theme as the most significant domestic consumption shifts from fiscal policy actions will likely occur abroad.
Thank You,
Pete
Peter Malone, CFA
Research Analyst
Direct: 617.226.0030
Fax: 617.523.8118
Crestwood Advisors
One Liberty Square
Suite 500
Boston, MA 02109