Disruption Yields Opportunity
Companies have been sitting on piles of cash for years, but they’ve been reluctant to use it for capital investment. In this video, Michael Kelly explains why this is beginning to change, why this disruptive shift will widen the gap between ‘winners’ and ‘losers,’ and why that increased competitive distance makes active credit selection especially important in the period ahead. Michael also offers his outlook for interest rates and inflation, and explains why the Fed may have a surprise in store for the market in the second half of 2018.
IA Clarington Investments