U.S. Inflation Surprises to the Upside

The video discusses inflation perceptions, with a focus on whether it is transitory or sticky. It explores the impact of inflation on equity portfolios, emphasizing the need for nimble investment strategies. The discussion includes profit margin pressures and market expectations, highlighting potential triggers for shifts between value and growth stocks. The video also compares US and global markets, noting differences in growth and value plays.

What percentage of clients surveyed believe inflation is a 9-12 month phenomenon?

• 12%

• 46%

• 9%

• 32%

How do inflation expectations historically affect the choice between cyclicals and defensives?

• Defensives outperform when inflation expectations rise

• Defensives outperform regardless of inflation expectations

• Cyclicals outperform when inflation expectations rise

• Cyclicals and defensives perform equally

What might cause a shift from value to growth stocks next year?

• Rising interest rates

• Stable taxation

• Decreased inflation

• Increased profit margins

What percentage of the workforce is unable to return to work due to lack of childcare?

• 5%

• 10%

• 8%

• 2%

Which region is considered more of a value play?

• Asia

• Europe

• United States

• Africa

What percentage of the S&P 500 market cap is made up of secular growers?

• 55%

• 65%

• 30%

• 45%

Which sector is NOT considered a secular grower in the US market?

• Healthcare

• Technology

• Financials

• Media