#inflation #stockmarket #globalinvestment Volatility is the name of this market’s game. The Dow and S&P 500 both entered bear markets this week, although they both put up a brief fight with a robust rally on Wednesday. Yields on U.S. Treasury securities also bounced around. These stomach-churning moves are hard to ignore unless you can take a longer view. This week’s guest is focusing on bigger investment themes and identifying cheap global sectors as the market sorts things out. A year ago on WEALTHTRACK, in September of 2021, Research Affiliates’ Rob Arnott made two macro observations. One, he predicted there were “very high odds” of a resurgence in inflation. Two, that the multi-year outperformance of growth over value stocks was probably finally over. He dated the turn to August of 2020. He proved prescient on the inflation call and so far seems to have gotten value’s comeback right. Rob Arnott is Chairman of the Board and Founder of Research Affiliates, which is celebrating its 20th anniversary this year. Research Affiliates describes itself as a “research-intensive asset management firm that focuses on innovative products.” Among the many funds that Arnott created and now co-manages is the PIMCO All Asset Fund, also celebrating its 20th anniversary this year. In this weekend’s interview, Arnott shares his outlook on inflation, value stocks, and his cheap diversifiers strategy. We also have an exclusive EXTRA feature with Arnott, who will discuss his penchant for high-performance motorcycles, including his most recent acquisition. 00:00 Hello 00:47 Introduction 03:06 Interview with Robert Arnott 23:35 One Investment 24:35 Action Point WEALTHTRACK #1914 broadcast on September 30, 2022 Arnott on WEALTHTRACK from September 2021: ...(read more)
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