More rotation, less direction
In our latest Investment Insights podcast, Tom Claridge and Mark Winterburn discuss the key topics from Julius Baer's Mid-Year Market Outlook. The overarching theme is 'More Rotation, Less Direction' and Mark and Tom discuss what this means for investors in both the equity and fixed income spaces. Focus is also given to the sectors that are set to benefit most from the 'relief spending' set to sweep through global economies - such as retail, tourism and small-caps, particularly in the US given the large fiscal stimulus. Mark also highlights other 'Covid-19 winners' that are set to continue that success, namely sustainable and adaptive companies.