Market Analysis and Outlook

This chapter delves into the market's potential for a near-term pullback amidst concerns over inflation and stretching valuations, while holding a positive long-term perspective anticipating positive sector performance post Federal Reserve rate cuts. The discussion encompasses preferred sector support from factors like refinancing activity, high yield performance with tight spreads due to healthy fundamentals, and the resilience of high yields in the face of market conditions, along with insights on less correlated equity sectors and factors influencing first quarter returns.