What’s Trending Now? [INFOGRAPHIC]

Longboard’s portfolio managers are long-term trend followers, so we make decisions solely based on a disciplined, rules-based process.

But we often get questions from you about how current events potentially relate to certain long-term trends.

Below is our team’s bi-weekly dive into the details.

British Pound Brexit reality Uncertainty of trade agreements and tariffs between the U.K. and E.U. Large real estate sell-off, large property funds suspending redemptions	Fixed Income Brexit spurring flight to quality in bonds Investors accepting negative rates U.S. Fed is taking political cover under Brexit, will likely not raise rates
European Union (EU) Financials Brexit makes E.U. recession more likely Balance sheet still weak and undercapitalized Still too much debt, especially from PIIGS countries that is unlikely to be repaid at par	Gold Strong demand spurred by negative global interest rates Potential huge capital flight from China due to devaluation Continued fears of global economic slowdown driving flight to safety
Emerging Market Equities Lower energy prices limiting GDP High levels of sovereign debt Concerns over slower global growth elevated by Brexit	Utilities Low interest rates forcing investors to seek alternative sources of yield Flight to quality, value equities because of Brexit Stable cash flow seen as recession proof