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Is high US equity-market concentration a reason to turn defensive?
Franklin Templeton Investment Solutions examines whether equity market concentration is a signal to reduce portfolio risk and if it makes sense to rotate within equities.
So far this year, the US equity market has shown remarkable resilience and US inflation has remained sticky. Against this backdrop, a recent survey of our chief investment officers offers analyses and perspectives on key areas, such as Federal Reserve rate cut expectations, geopolitical risks, uncertain corporate earnings and opportunities in different asset classes.
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