Markets broadened as anticipated. After the strong rally, our investment models advise a reduction in risk-appetite.
Last week marked the beginning of the end of one of the most rapid interest rate hiking cycles in U.S. history.
The longest continuous yield curve inversion has finally come to an end. Or has it? The answer depends on how you measure it.
What a difference three months can make! Today, the bear has run back into its cave, the Fed has turned dovish, interest rates have plummeted, and stock markets have mostly recovered.
Over the past year we’ve started to wonder whether U.S. investors are beginning to view the world through a pair of rose colored glasses. If one doesn’t look too critically and restricts their gaze to the U.S. alone, they’d certainly see a “rosy” picture.
