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Fixed income has struggled thus far in 2018, with the Bloomberg Barclays U.S. aggregate down 1.6% year-to-date. But in this period of rising interest rates, not all fixed income is responding uniformly.
Investment strategies for a late-cycle environment
The investment outlook for 2019: Late-cycle risks and opportunities
David Lebovitz says, a bit of optimism is priced in to equity markets, but valuations are not unsustainable, rather markets need to grow into these valuations.
The key to successful investing starts with getting invested, and then staying invested, according to David Lebovitz.
A public fund seeks a tactical asset allocation strategy.