Feb 14, 2018 3:06 PM | Weekly Market Comment
LGT Beacon: Realigning strategy with our constructive view
Various short-term excesses began to resurface in markets in January. Luckily, the sharp correction that ensued provided the overdue cold shower, which should help cool expectations, bring prices more in line with fundamentals, and thus prolong the bull market. As our macro view remains positive, we used the rout to put some of our cash back to work.