In case you missed it, here’s a replay of our wide-ranging one hour conversation with David Polak, Senior Vice President of Capital Group. David leads Capital Group’s investment specialist team for equities and guides multiple global equities strategies.
The discussion started with inflation and had David taking us back to the 1300s and then through the four industrial revolutions. He called inflation’s current impact on companies as “marginal, very marginal”. However, Capital Group is spending a lot of energy thinking through what shifts they would make if inflation does persist.
David then unpacked how 2021 has affected his views on China (made him more wary), taking us through how the government approaches which sectors to support and which to regulate. He addressed how the global surge in venture capital may lead to more dominant international companies, the mechanics around Brexit, and what sectors and trends he believes may be interesting opportunities in the years ahead.
Burton Enright Welch is an independent, fee-only financial planning and investment management firm based out of Walnut Creek, California.
