A world of contrasts: Davis Advisors
Speaking to financial advisers at a recent Pan-Tribal lunch, Peter Sackmann of Davis Advisors took attendees on a world tour, looking at markets, sectors and stocks in each region.
Peter Sackmann, CFA, analyst and portfolio review committee member at Davis Advisors (Davis) told attendees that the US market had been hampered by twin uncertainties – a divisive and contentious election campaign, and the timing of the tightening cycle expected by the US Federal Reserve (the Fed).
“Once we get past the election cycle, the business climate is good; we are encouraged by signs of life across industries,” commented Sackmann.
“Rarely does an election dictate how good or bad a company is.”
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