The View
The April View by the Global Investment Strategy Team
This month’s View focuses on our energy shock playbook. Escalating conflict in the Middle East and the spike in energy prices are weighing on sentiment and increasing the range of potential market outcomes. Here is how we’re positioning portfolios for the month ahead.
This month’s high-conviction opportunities
Take advantage of tactical opportunities in strategic industries.
We highlight where fragmentation and energy-market dynamics are sharpening the focus on domestic supply chains—and the specific industries and regions we think are best positioned.
The upside to downside – Monetize volatility.
We discuss how some investors may use option-based approaches to help manage near-term market swings, including strategies that can be structured to add downside buffers.
Take small steps out of cash.
We examine why the recent repricing in short-term rates may be creating a window to modestly extend duration—and where we see the most compelling trade-offs to consider.
