Steve Garmhausen
There’s good reason to be optimistic about the market these days. Corporate earnings and consumer spending have held up better than many expected, powering the S&P 500 to a gain of around 10%. But a pessimist might point out that growth is uneven, inflation is a tad high, and volatility can still reappear quickly. For this week’s Barron’s Advisor Big Q column, we asked wealth managers to identify a fund they really like right in the current market environment. And it turns out that those they picked have something in common: In different ways, they can each contribute to a portfolio’s resilience. One adds income and diversification; another could cushion inflationary shocks. One fund broadens geographic exposure, while another adds rules-based discipline that may reduce emotional decision-making.
