He is focused on U.S. foreign policy, both economic and geopolitical, and the trajectory of interest rates. He is looking at being overweight in the U.S. market. Some of the risk premium is coming but it is hard to understand what Trump is going to do and how tariffs will play out. There are a mix of sectors doing well. In Canada he is seeing sectors like financials,energy and materials starting to look very promising so maybe tariffs may not be as bad as expected. There is a positive sign right out if the gate.
The caller's question was on which of these ETF's to buy for a start-up portfolio for his 20-year-old daughter. He prefers more sectors to be covered in this situation so he suggested XEI. There are more multi-asset solutions as well. He also suggested lowering the risk tolerance for a beginner investor.
The caller's question was on which of these ETF's to buy for a start-up portfolio for his 20-year-old daughter. He prefers more sectors to be covered in this situation so he suggested XEI. There are more multi-asset solutions as well. He also suggested lowering the risk tolerance for a beginner investor.
He added it to clients' portfolios a couple of weeks ago and is looking for it to reach yield. He has paired this with another ETF on the other side with high quality and a bit lower quality, mostly B bonds and mostly in the U.S. Small cap and mid cap companies in the U.S. could be taken out by large caps.