Isaac Poole from Oreana Financial Services joined us to give his top three conviction calls as well as investment outlook. Isaac said that a Fed pivot is off the table and that the Fed will find out that inflation is declining quicker than it anticipates and will be forced to pause at the end of this year. Isaac’s first conviction call is to add duration as US 10-year yields are above 4%, making them quite attractive. Isaac claims that these levels will provide meaningful income, downside protection and diversification for portfolios and that even with the rally, government bonds will perform well. His second call is to hold equity allocations with Isaac stating that he doesn’t see a recession as the most likely outcome over the next 12 months. His third and final call is to consider China, who has been in a recession most of this year. Equities have priced that and the scope of meaningful downside is diminished, with China soft opening, we are closer to the end of the recession than the start and will provide upside. Listen here for all the details and more with Isaac.
(Source: Ausbiz)

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