Meghan Shue

…example. Okay. So do you remember what it was? Was it 70? And where will it go now? What does a modest overweight mean? So it depends on how the client, what their goals and their risk tolerance is . But just take a 70/30 risk profile, yes , that means that we have about 73/74 percent in equities, a little bit, you know, the opposite of that. So 27 percent in fixed income. And we've diversified it across large cap, small cap and emerging markets, where large cap has had a lot of gains, but small cap has also done very well. And one other reason why we've turned more constructive is that we do have a more dovish outlook on the Fed, where we think the Fed is going to be cutting rates this year, not because of weakness in the economy, but more because of disinflationary trends. And that should be very good for small cap and also emerging markets, emerging markets being an area that's obviously had a tremendous amount of AI momentum as well. Right. So at this point, is it, I mean, if you had to pick Dow, S&P, NASDAQ, is the Dow where you're like a Wilmington Trust is more focused? Sir, you're ready to roll the dice on the mag eight now, people say. Well, we did deploy that. Within large cap, we kind of split it between growth and value. We have a slight overweight to growth…From: this video · 3 claims mined from it

…Joining us now is Megan Shue, Wilmington Trust Chief Investment Strategist, and Megan, I'm going to cut you some slack, Wilmington Trust, a lot of trust there, got to have a lot of trust in what you're doing, so I just think you probably have a more conservative overall viewpoint of how to manage money. It's got to be there, obviously, when you're at Wilmington Trust. But this is what got me. Our economic and market views have become more destructive, and we think it's an appropriate time to move to a modest overweight to equity risk. So all through this, we've been talking about the new highs, again, in these ridiculous outsized gains for the quarter. So through all of this, you haven't been overweight. You've just been market weight? Yeah, we've been fully invested. And if you think about the first quarter, we were really pretty sensitive to some downside risks to the economy, most notably the labor market. And I was probably on here at some point talking about private payrolls, ex-healthcare being in contraction in the first quarter. And we have never seen that outside of…From: this video · 3 claims mined from it