BlackRock Favors High-Quality Cyclicals, Moore Says

The video discusses the current market trends, highlighting the performance of risk assets despite inflation and the delta variant. It explores asset allocation strategies, emphasizing quality growth investments. The discussion also covers cyclical versus growth investments, focusing on selective market opportunities. Finally, it addresses regulatory concerns in the tech sector, particularly in the context of US-China competition, and the need for strategic investment decisions.

What has been the market trend despite inflation and the delta variant?

• A decline in all stock categories

• A shift towards restart winners

• A focus on cyclical stocks

• A rotation towards secular winners

In uncertain times, what is emphasized in asset allocation?

• Quality and growth at a reasonable price

• Avoiding all market investments

• High-risk investments

• Only fixed income investments

What thematic trades are considered promising?

• Real estate and construction

• Retail and hospitality

• EV battery supply chain and cybersecurity

• Traditional energy sectors

What is the current stance on cyclical investments?

• Investing only in new startups

• Avoiding cyclical investments entirely

• Being selective and focusing on strong fundamentals

• Investing in all travel-related companies

How do rising treasury yields affect the market?

• They only affect the tech sector

• They cause a market crash

• They support the reflationary story

• They have no impact

What is a key concern for tech companies?

• High production costs

• Decreasing customer base

• Regulatory issues

• Lack of innovation

How should investors approach tech investments amid regulatory concerns?

• Focus solely on US tech companies

• Avoid tech investments completely

• Invest only in small tech startups

• Be selective and opportunistic