A short comment on Brexit

Our views on Brexit.

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Earnings-driven bull market

We think the profits recession has troughed and are in a late-cycle earnings-driven bull market.

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Still no one wants to play

The current bull market is now the second longest in the post-war era, but investors remain fearful of joining in. Our research suggests investors should be more bullish. As Wayne Gretzsky said, “ You miss 100% of the shots you don’t take.”

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This time isn't different

At RBA, our extensive research on cycles suggest markets rarely deviate from history and that fundamentals, not noise, drive stocks.  Therefore, we remind everyone that this time isn’t different. 

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Five Unique Themes

RBA’s disciplined investment process tends to lead to differentiated positioning within our portfolios. Our focus on profit cycles, liquidity, and sentiment has once again led us to some distinctive investment themes.

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No one ever grew wealth being scared

Current volatility seems to present a great opportunity for investors to better position themselves for growth  rather than remain fearful wallflowers.  No one ever grew wealth sitting out the dance.

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Location, Location, Location

When the global economy was binging on credit, it was fine to invest in marginal locations’ equity markets. However, as the global economy slowed, those fringe markets have disappointed, and “location, location, location” has proved as important to equity performance as it is in real estate.

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Introducing Asset Allocation 2.0 

Global markets are experiencing a major paradigm shift, which has rendered traditional asset allocation models all but obsolete. In order to attain true diversification investors must abandon the past and embrace the new. Introducing Asset Allocation 2.0TM

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