The chapter delves into the current investment trends, with a shift towards short-term fixed income and US equities, contrasting with a previous focus on fixed income positions during recession concerns. It explores the market sentiment change from pessimism to optimism, emphasizing the need for a balanced portfolio despite the evolving market conditions. The discussion also touches on the increasing interest in Bitcoin among asset managers as a potential de-risking asset and the considerations around its inclusion in fully asset-allocated models for clients' retirement.
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Ryan Detrick, Chief Market Strategist at the Carson Group, shares his thoughts what he sees as an "impressive, strong" market cycle. PNC Bank CEO Bill Demchak talks about choosing a bank that is “brilliantly boring." Kelly Rodriques, CEO at Forge Global, explains how changing dynamics are signaling a shift in the private market. And we Drive to the Close with Dana D’Auria, Co-CIO of Envestnet.
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