positioning for 2018: bullish trend intact, focus on Green / ethical ETFs
we are pleased to share the latest edition of our Investment Insights.
- we enter 2018 with a full overweight position in equities, supported by our various trading signals
- we remain neutral in fixed-income: we believe bonds are vulnerable, however intermediate-term technicals are strong
- we foresee a USD recovery and our European and Japanese equity exposure remains currency hedged
- we will continue to add Green / ethical ETFs as and when their liquidity is sufficient
- we remain vigilant for early-warning signals suggesting the long-run equity bull market is over. These are not currently present
we wish all our readers a Happy Christmas from the SWM team!
