When Rebalancing, Don't Ignore Fixed Income, Says Clarfeld Financial's CIO

The video discusses the importance of portfolio rebalancing, especially towards the year-end, considering capital gain distributions and the shift from active to passive management. It highlights the divergences between US and foreign markets, with US markets showing positive returns and earnings beating estimates. The discussion includes market cycles, valuation trends, and the potential for a rebound. The video advises against expecting unsustainable double-digit returns and emphasizes the importance of diversification, including fixed income, in managing portfolio volatility.

What factors should be considered when thinking about portfolio rebalancing at year-end?

How have capital gain distributions affected portfolio management strategies?

What is the significance of harvesting capital losses in the current market environment?

Discuss the implications of the divergence between US and foreign markets on investment strategies.

What role does fixed income play in a diversified portfolio according to the discussion?