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Stocks remain undervalued, though not a table-pounding buy

News
Cresset

Jack Ablin, CIO at Cresset Wealth Advisors, speaking on Bloomberg’s P&L Podcast on April 16, 2018. The segment runs from 14:00 to 22:00. Jack discusses the whether the stock market is over- or undervalued in the short term and its attractiveness compared to fixed-income investments. Jack expects single-digit stock market gains over the next 12 months, but while stocks are not a table-pounding buy the case for bonds is still not compelling enough to warrant an asset allocation shift. He recommends sectors to consider rotating into after 1Q earnings season ends.

https://www.bloomberg.com/news/audio/2018-04-16/banks-at-cycle-top-will-be-down-30-50-in-12-18-months-peabody

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About Cresset

Cresset is an award-winning, independent, multi-family office, and private investment firm. We offer deeply personalized wealth management, investment advisory, and family office services to entrepreneurs, CEO Founders, and multi-generational families. Our goal is to reinvent the way you experience wealth by providing access to the talent, ideas, and investment opportunities available to the largest single-family offices and endowments.