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Taking Stock of a Changing Landscape - July Investment Commentary

The market is no longer rewarding strong economic data and stellar corporate earnings. Adam Murl, Head of Research, discusses why investors aren't impressed and highlights which leading indicators are now flashing warning signs. We still see time left on the clock for equities, but our portfolio is shifting more defensively. With strong results now in the books for first half 2018, our Global Tactical Allocation strategy is well ahead of peers and on pace to deliver its annual high single digit return goal.