Alpha Capital Management

Description

We continue to overweight equity versus bonds and remain defensively postured in our bond portfolio through a lower duration exposure. Our constructive view on the U.S. economy is largely reflected in the valuation of the U.S. equity market as it has appreciated to the average historical P/E ratio of 16x. Therefore, while we continue to find opportunities, we believe it is extremely important to keep an eye on the valuation of individual stocks in this environment. We stand ready to implement defensive tactics to protect your assets should conditions warrant.

Companies nearby