Weekly "Focus" and Capital Insights

One of the largest money managers in the world is Capital Group, a global investment firm established in 1931 and based out of Los Angeles that manages over US$2.7 trillion for investors around the world. Capital Group is recognized for having an extensive research team who contribute high conviction investment ideas alongside a group of experienced portfolio managers. Each year they publish an excellent report, Outlook - Long-term perspective on markets and economies, which is attached.

 

Highlights in this year’s report:

 

• Global growth increasingly dependent on resilient U.S. (page 4)
• Artificial Intelligence may be overhyped AND bigger than you think (pages 8 & 9)
• Broadening market shines spotlight on dividend payers( page 10)
• Go small: The outlook is brightening for undervalued small caps (page 11)
• Economic tailwinds support corporate and high-yield bonds (page 16)

 

This week’s "Focus" from our economics team is also attached.

 

Have a great weekend and best wishes for a happy and healthy new year!

 

Brad

Senior Portfolio Manager and Senior Investment Advisor