Fundamentals are underneath. We like the acronym LESS IS MORE.
Robert Schein, Chief Investment Officer at Blanke Schein Wealth Management, discusses the market’s resilience and recent pullback, noting strong fundamentals and growth in earnings across multiple sectors. He emphasizes the importance of rebalancing portfolios, particularly trimming gains from high-performing stocks like the MAG seven, and reallocating to undervalued sectors such as financials, healthcare, and consumer discretionary.