Growth is decelerating as inflation is bottoming and starting to reaccelerate in the US, which will likely persist through the beginning of next year, Hedgeye managing director Darius Dale told Real Vision’s Investment Ideas.
In this environment, he thinks energy should pivot from a top-three short to a top-three long. He expects crude oil and energy related equities to do fairly positively. And he also expects tech growth and high-beta style factors to do well, particularly large-cap, growth-oriented securities.
“From an index perspective, we definitely think large-cap growth, small-cap value is the best alpha generation