Navigating Shifting Tides: Portfolio Strategy for an Anticipated Interest Rate Decline in 2024

Re-Entering Growth, New Positions in US Real Estate, New Positions in Biotech and Global Value

October inflation came in softer than anticipated at 3.2% and has been a paradigm shift for the market. Growth stocks and the Russell 2000 rallied significantly more than the S&P 500. In my opinion, this happened for the right reasons, as the strongly lagged shelter inflation is still at 6.7% year over year, despite the fact that real time rents are act…