Neuberger Berman: Stocks at Record Highs

The video discusses market trends, focusing on small cap stocks and early cycle growth. It highlights a shift from one-way to two-way market dynamics, with increased volatility and rising interest rates. The speaker outlines changes in asset allocation, moving from underweight to neutral in US large cap stocks, while maintaining a global equity bias. The impact of the Delta variant on markets and vaccine efficacy is also examined, emphasizing short-term volatility and opportunities for equity exposure.

What factors contributed to the decision to trim risk in equities during the second quarter?

How does the speaker describe the transition from early cycle to mid cycle environment?

What is the significance of small cap stocks in the current economic environment according to the speaker?

What concerns does the speaker express regarding the Delta variant and its impact on the economy?

In what ways does the speaker suggest taking advantage of market volatility?