End of cycle excesses punished Noel Ohalloran Bloomberg radio interview on daybreak Europe
End of Cycle Excesses Punished
Bloomberg, Daybreak Europe, February 13, 2018
(Bloomberg) — Last week’s market rout was a wake up call, says Noel O’Halloran, CIO at KBI Global Investors. He told Daybreak Europe’s Markus Karlsson that we are closer to the end of the economic cycle, as fixed income and equities hit all time highs. He added that the success story of the next economic phase will be found in more defensive stocks with stronger fundamentals, sectors in the market like highly valued tech stocks (and strong momentum sectors) that have led the market, is where the vulnerability lies.
To listen to the interview please click here