Cirrus Conference Call: 2023, Quality Bet Amplifies as the Capital Markets Tighten

Key Takeaways:

-Testing for aftershocks – watching credit and regional bank ripples.

-Quality Bet Amplified as Capital Markets “Join” in the Tightening Cycle.

- The Sell-side is behind the Curve; Earnings Expectations to Roll Lower before they Bottom.

- Fed Offset Limits Rate Risk for the Growth Investor; Growth Strategies Get a Short Reprieve.

- Liquidity Model Still Frames a Lower Returns Environment for Equities even though Banking Crisis Accelerates the Fed Trajectory.

Cirrus Dispatch: Quality Bet Amplifies as the Capital Markets Tighten.