“We continue to see a disconnect between mega caps and below $100 billion and small-mid cap innovators.” — Jean-Pierre Chevalier
Key takeaways from his comment:
- In our opinion, we need to see commodity inflation go down, wage inflation cool off and earnings estimates be reset before the market can stage a sustainable rally.
- We think the European economic situation will drive financial conditions from here.
- Investing in the innovation economy is better coming off strong economic growth.
- We continue to see a disconnect between mega caps and below $100 billion and small-mid cap innovators.
Jean-Pierre Chevalier, CFA
Senior Director, Portfolio Manager, U.S. Equities and Thematic Investing, iAIM
