Sponsored By
Trusts & Estates logo

Positioning Portfolios for the Eventual Bear MarketPositioning Portfolios for the Eventual Bear Market

Calibrate responses to current conditions.

Gregory D. Singer, Senior Vice President

August 25, 2018

7 Min Read
singer918

While it’s important to know how to manage your clients’ investments through a period of rising interest rates,1 don’t take your eyes off the other side of the pendulum. The strong economic growth that leads to rising rates will inevitably be followed by a recession and a period of falling rates. Importantly, the strategies that you may be considering today to mitigate the risk of rising rates might have the side effect of exacerbating your downside in the next bear market. So, unless you have incredible market timing skills (and let’s just assume that you don’t for the purposes of this article…if you do, let’s grab a drink sometime), you’ll want to be careful in calibrating your response to current conditions.

Interest Rates and Recessio...

Unlock All Access Premium Subscription

Get Trusts & Estates articles, digital editions, and an optional print subscription. Choose your subscription now and dive into expert insights today!

Already Subscribed?

About the Author

Gregory D. Singer

Senior Vice President, Capital Group Private Client Services

Gregory D. Singer is an asset allocation and wealth planning specialist at Capital Group Private Client Services. Prior to joining Capital Group in 2012, Greg was a senior managing director with AllianceBernstein serving in wealth planning, investment and marketing roles. Previously, he was a director for the Pepsi-Cola Company, where he held positions in finance, strategy and marketing. He has also served as the lead strategist for a subsidiary of The Limited and as an M&A analyst for Lehman Brothers. Singer concurrently earned a BS in finance and a BAS in computer science from the University of Pennsylvania, and he holds an MBA in finance from the Kellogg School of Management at Northwestern University. He has published extensively in industry press and academic journals and has been cited in numerous periodicals, including The Wall Street Journal and The New York Times. He is also a member of the investments editorial board for Trusts & Estates magazine. Greg is based in New York.