A Macro-View: Deconstucting the Fed’s ‘Optimism Among Uncertainty’
At Sabrient, we are “market relative” meaning our Buy-rated equities outperform the market and our Sell-rated equities under-perform the market compared to its relative benchmarks. We do not try to time the market or even give more weights to up or down markets. But we are cognizant of current events and macroeconomic events as it takes long term investment strategies like those of New York University economist Nouriel Roubini to win in markets. Roubini who predicted the current crisis, and as stated in Money magazine:
…Roubini himself hasn’t bought or sold a thing in response to his own forecasts: He has all of his money in a diversified portfolio of index funds. “That’s how I’ve invested for the past 20 years and how I’ll invest for the next 20,” he says. “I take the long-term view.”
