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Sheike Returns Form

Sheike Returns Form

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uh Megan great to have you join us uh today uh you know it's been really tough to to go wrong invested in US equities this year right you had earnings up and then valuations of those earnings also up we up more than 25% year-to date stocks really Tred bonds uh where does that leave you as an investor in terms of whether to to kind of let that ride or make some adjustments yeah thanks for having me um we have made some adjustments and I think we have to acknowledge the strong gains that we've seen and in our view I mean if you think about how the market thinks about risk more often than not the market tends to price just really more to one side of the risk Spectrum so post elction I think we've gotten a lot of euphoria around the positive elements of a trump 2.0 economy and I think that leaves us exposed given the strength that we've seen given extended valuations leaves us a little bit more exposed to downside so we have trimmed risk in our portfolio tak

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