(Opalesque) Are markets late cycle, or merely dealing with a mid-life crisis? A new outlook from Michael Kelly, global head of multi-asset at PineBridge suggests that even with recent stock market volatility we aren’t quite headed toward the late cycle correction many expect. “I think everyone who is predicting the back half of 2019 as the official start of the late cycle market is going to have a lot of explaining to do,” Kelly said in an interview with Opalesque. “I just don’t think we’re going to see the inflation that everyone is expecting.”
Opalesque Exclusive: PineBridge’s Kelly: late cycle concerns are overblown
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