Amanda Agati | Source | Chief Investment Officer, PNC Asset Management Group at The PNC Financial Ser...

Even though we think we're in the later innings of the business cycle, we don't think we're in the later innings of the aerospace and defense cycle.

Just because you're scoring a portfolio doesn't mean the underlying data is sound, or that it meets your overall goals.

It can be very painful to miss out or get too bearish as we get into sort of the end of the cycle. We're encouraging our clients to really stay the course. Look for pockets of opportunity which are starting to present themselves with all the volatility that we've had.