17:I[66739,["/_next/static/chunks/0.3dg.jzl0xwf.js?dpl=dpl_AKCjjFSX5DBQtwrUxMDn9jBjYq4C","/_next/static/chunks/05hx6kuf6-oy4.js?dpl=dpl_AKCjjFSX5DBQtwrUxMDn9jBjYq4C","/_next/static/chunks/0~heydqc5smtk.js?dpl=dpl_AKCjjFSX5DBQtwrUxMDn9jBjYq4C","/_next/static/chunks/0juapqyy99ga..js?dpl=dpl_AKCjjFSX5DBQtwrUxMDn9jBjYq4C","/_next/static/chunks/0n1.gwovf1vi..js?dpl=dpl_AKCjjFSX5DBQtwrUxMDn9jBjYq4C","/_next/static/chunks/06dn~uer6.43l.js?dpl=dpl_AKCjjFSX5DBQtwrUxMDn9jBjYq4C"],"default"] 19:I[38632,["/_next/static/chunks/0qqtp3r0h7kah.js?dpl=dpl_AKCjjFSX5DBQtwrUxMDn9jBjYq4C","/_next/static/chunks/0iukvycbd42rl.js?dpl=dpl_AKCjjFSX5DBQtwrUxMDn9jBjYq4C"],"IconMark"] 18:T52e,

As equity markets catch their breath, Brad Conger says valuations are stretched, making it a challenging trade-off for investors. He's overweight European stocks on a non-hedged basis and underweight the U.S. dollar, which he believes could be a risk-off currency. Conger is also finding defensive positions in his investment portfolios, including pharmaceuticals like Novo Nordisk (NOVO) and safe fixed income.

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Equity Markets on Pause: Defensive Moves and European Overweight

Schwab Network

Equity Markets on Pause: Defensive Moves and European Overweight