Markets around the globe have taken a dive as central banks reel in the “free money” that we have enjoyed over the past few years and start to raise rates in a bid to curb the kryptonite of markets – inflation.
As it stands today, the S&P/ASX 200 has fallen more than 8.4% in 2022, while the tech-heavy NASDAQ has plunged a whopping 27.5%. Meanwhile, the S&P 500 has dropped nearly 18% year to date, the Shanghai Composite is down 15.7%, while the FTSE 100, in comparison, looks slightly better, down more than 2%.
If you’re like most, your portfolios have probably also seen their fair share of red since the beginning of the year. And while they say that “bad news sells”, it’s always worth finding the good in every situation.
So in this episode of Buy, Hold, Sell, Livewire’s Ally Selby was joined by TMS Capital’s Ben Clark and Tribeca Investment Partners’ Jun Bei Liu for a look at their highest conviction positions right now.