Navigating Higher Interest Rates

<p>Simon discusses valuation multiple compression and the significant rotation so far this year from expensive to cheaper names. He brings on Dave to think about rising interest rates and how they should inform investment portfolio positioning. They talk about areas of the stock market to favor and fade and ways to navigate a particularly challenging environment for fixed-income investing. Companies mentioned in this episode include USB, BRK, PNC, WFC, JNJ, DHR, JPM, and C.</p>