Drum Hill Capital
Year End Review and Outlook 2018
Equity markets around the world continued to move higher thanks to an improved outlook for global growth.
While there have been tangible signs that the macroeconomic backdrop has indeed become more favorable, we remain concerned about nascent signs of excess in markets.
As such, we have sought to take on a more defensive positioning in client portfolios, albeit one that accounts for a reasonable degree of “upside risk”.
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Second Quarter 2017 Review
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