June 03, 2024
Commentary: NCM Core Global and NCM Core International
Portfolio Manager Phil D'Iorio, MBA, CFA reviews the current interest rate environment and provides a look back on historical data.
![](https://www.ncminvestments.com/images/backgrounds/Core-Commentary.jpg?w=1920&h=1080&auto=compress%2Cformat&fit=crop&dm=1663321939&s=7f32f32207d9cee0a2a47576bc42f4b2)
"Over the past year, the bear market narrative has transitioned from fears about a recession to renewed concerns about interest rates."
Download the full commentary here.
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Phil D'Iorio, MBA, CFA
I search around the globe for best-of-breed companies trading at attractive valuations. And I spend a significant amount of time thinking about portfolio construction to ensure that the portfolio is optimized to reflect where we are in the cycle.