Lighthouse Macro Positioned Defensively Amid Fed Uncertainty, Avoiding Duration Risk

What was said

"We are of the belief, and we are currently positioned, that you want to be more defensive in this time while things are trying to kind of find their level. This becomes a duration story. And given the duration risk, healthcare and staples and kind of these more defensive sectors are going to be the beneficiaries of kind of this muddied water."

Sheehan's firm is actively positioned in defensive equity sectors like healthcare and consumer staples, avoiding long-duration tech names during the current uncertainty. He frames this as a duration trade where shorter-duration equities will outperform while markets adjust to the new Fed regime without clear forward guidance.