Market Commentary: Bird's Eye View for Q2 2023
In this five-minute video, EverNest Managing Partner Frank J. Esposito uses a series of charts to review the strong first quarter for stocks and to comment on the risks and opportunities ahead.
Frank likes bonds, whose yields are at the highest level seen in a decade. Safe investments are offering higher returns than have been available in a while.
The team also sees opportunities in international stocks, which have much lower valuations than US companies and have begun to outperform. Periods of outperformance—whether by the U.S. or international markets—tend to run for multi-year spans. The U.S. has dominated for the past 15 years, but we expect the upcoming period to look more like the 1980s, with international markets leading.
