Faster, Further, and Fragile

Top five portfolio ideas for the second half of the year:
1. Build portfolio resilience with diversifiers.
2. Be defensive on equity exposure late in an economic cycle.
3. Add to fixed-income holdings judiciously in a rising-rate (and inflationary) environment.
4. Match cash allocations to time horizon.
5. Seek to mitigate downside risk with alternative investments, including hedge funds.