🎥 Click Here to Watch the Replay of the Clifford Capital Partners 2Q24 Review Webinar
After a first half of the year dominated by the momentum trade, July was an eventful month. The soft inflation report on July 11th catalyzed a fast and meaningful rotation from large cap Tech into small and mid-cap Value equities. This Great Rotation reminded investors why equity diversification matters.
But after the culmination of the Fed lowering rates by 50 bps, the market gravitated back to momentum into a benign rest of the quarter. But this has created opportunities for Clifford Capital strategies. In this recap we will discuss:Â
- How it was an especially strong quarter for Clifford Capital strategies with a positioning outlook as equally compelling
- Large caps are expensive. Are we in another bubble? Are we alone in thinking this?
- Under the hood, there are signs of US economic weakness, but are opportunities fruitful in certain areas of the market?
- We aren’t alone in seeing Value and catalysts in our names: an update on the high level of activism and PE interest in the portfolios (it keeps rising)Â
For Institutional Investors Only – Not Intended for Retail Audiences. The potential for profits is accompanied by possibility of loss. Past performance does not indicate future results.
