This is the video recording of the January Conference Call. It’s our first of the year and I just want to reiterate that we want to forget everything we thought we knew last year and approach the current market environment with an open mind. To stay true to ourselves, we want to start from the top and work our way all the way down, responsibly weighing all of the evidence along the way. Beginning with a global macro perspective, we’ll then break things down to the Indexes, then the Sectors & Industry Groups and finish with the stock ideas themselves.
I think there is an overwhelming theme of strength in natural resources, particularly metals and energy. The would be a consistent with a weaker U.S. Dollar and higher Interest Rate environment. Here is the video in full where I lay out my best case for the coming weeks and months: