Equifax: Fundamentals Are Better Than Expected, But Macro Risks Haven't Cleared

Core Viewpoint - The investment outlook for Equifax (EFX) has been downgraded to a hold rating due to concerns about the near-term performance, particularly influenced by high mortgage rates [1] Group 1: Investment Strategy - The investment approach focuses on bottom-up analysis, assessing the fundamental strengths and weaknesses of individual companies [1] - The investment duration is medium to long-term, aiming to identify companies with solid fundamentals, sustainable competitive advantages, and growth potential [1] Group 2: Market Conditions - Current market conditions, particularly high mortgage rates, are a significant factor affecting the near-term outlook for Equifax [1]