Merger and acquisition activity will eventually accelerate on Wall Street, partly spurred by pent-up demand from companies with investment-grade balance sheets looking to buy assets from those with more leveraged capital positions, Alan Schwartz, executive chairman of Guggenheim Partners said on CNBC's "Squawk on the Street."
Looking at future investment themes, Schwartz stressed the global economy's attempt to decarbonize and wean itself off fossil fuels, resulting in enormous amounts of capital that will pour into renewable energy producers and companies emphasizing carbon capture, advanced nuclear and hydrogen-powered technologies.
"After a solid 1H, US outperformance may go on pause," Citi strategists said in a note. "Our US Strategy team thinks megacap Growth is set for a pullback, while US recession risks could still bite."Emerging market equities will outperform U.S. equities in the second half of the year, says Glovista Investments
"Exceedingly cheap relative valuations between EM equities and developed peers has lend[ed] attractive entry points for global investors at a cyclical juncture in which the Fed is widely expected to bring its rate hike cycle to an end," wrote Carlos Asilis, chief investment officer, as well as deputy chief investment officer Darshan Bhatt.
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Source: CNBC - 🏆 12. / 72 Read more »