Timothy Armour is the principal executive and the chairman of Capital Research and Management Company. At the company, he also works as the portfolio manager. Armour has vast experience that he has accumulated for many years while working for the Capital Group.
While working as the equity investment analyst in the company, he was able to cover the global telecommunications position.
Armour began his career at the Capital Company while working as the participant in the associate’s program. He holds a bachelor’s degree in Economics, which he obtained from Middlebury College. Tim Armour is currently based in Los Angeles.
According to Tim Armour, the recent changes being experienced in the American market is real because it has led to vast dramatic changes in pricing of assets. The seismic shift in the market is due to the election of President Donald Trump. Since he was elected, the market prices have been declining at a faster rate. However, some analysts have the opinion that the recent election of President Donald Trump will have any effect on the subdued interest rates that have been volatile since the financial crisis begun.
According to Armour, changes in the market can be hard to identify, and more turbulence will be encountered in the future due to the uncertain government policies. He noted that the world over, the markets have been experiencing inflection point that is driven by an increase in populism.
Tim Armour joined the company three decades ago. In 2015, he became its leader after the death of its Chairman James Rothenberg. So far, he has highlighted a massive shift in the stock market that has made the sensitive growth industries like banks to grow.
The defensive sectors of the economy like the real estate and the utilities have recently been languishing. Since the election of Donald Trump, the utility stocks have been flat, and it is only the real estate sector that has registered growth by only a small margin.
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