This podcast episode explores the recent shift in investment decisions from big picture economic issues to underlying performance, leading to an emphasis on company-specific factors and an opportunity for investors to make informed decisions. The dispersion and divergence across asset classes and sectors, including correlations among stock performance, provide a favorable environment for active managers seeking to identify winners and losers. Despite challenges, the decoupling of stock performance from interest rate expectations and the dispersion in credit markets present opportunities for investors to select appropriate companies.
