Even after the Fed's first rate cut, the momentum of cash inflows remains high
“Big was beautiful” in the U.S. – European stocks chased U.S. big caps for the longest time
Remain relatively cheap, investors stay cautious – wrongly so, as we believe
By: David Bianco
Washer set to deep clean: Beware alternating rotations, drain could reopen
Getting Past the Panic: Mend capital availability, then capital costs
Further tightening required: Fed Funds rate ex-ceeding 5% raises many risks
Inflation looks set to remain quite sticky, with more interest rate hikes to come. This makes for a rather challenging environment for many risky assets.
