RBC's Calvasina: Tech to Outperform After Final Fed Hike

The video discusses a balanced investment strategy focusing on defense, growth, and value sectors. It highlights the reduction in cyclicality by pulling down financials and emphasizes energy as a strong long-term sector. The video also covers growth sectors like tech and industrials, noting their positive revisions, and defensive sectors like healthcare, which is seen as reasonably valued. The discussion includes market volatility, sector exposure, and the tech sector's performance in relation to Fed policy changes.

What is the primary focus of maintaining a balanced investment approach?

• Investing only in financials

• Maximizing short-term profits

• Balancing defense, growth, and value

• Focusing solely on growth

Which sector is considered to have a big valuation problem within growth?

• Technology

• Consumer Discretionary

• Industrials

• Healthcare

Why is healthcare considered more attractive than utilities in the defensive sector?

• Healthcare has higher growth potential

• Healthcare is more reasonably valued

• Utilities have no valuation concerns

• Utilities are too volatile

In the current environment, how is the tech sector classified?

• Growth

• Defensive

• Value

• Cyclical

What historical trend is associated with the tech sector following rate changes?

• Tech tends to underperform

• Tech remains unaffected

• Tech experiences high volatility

• Tech is one of the strongest performers