Pulasi: Maintains a high allocation to stocks, value stocks expected to benefit from loose monetary policy

Pulley's report states that it maintains a high allocation of stocks, and the recent market decline has led to improved valuations. It is expected that value stocks will benefit from loose monetary policies, while the performance of high-growth stocks with high expectations may be affected. The Bank of Japan's interest rate hike has led to a global sell-off of risk assets, causing market adjustments to U.S. economic growth expectations, with deteriorating conditions in manufacturing and consumer finances. Pulley is optimistic about high-yield bonds and emerging market bonds