Multi-Asset Perspectives: Peak inflation but slower growth
January 27, 2023
Weak global growth for the year ahead appears almost certain. The outlook for capital markets is anything but.
Weak global growth for the year ahead appears almost certain. The outlook for capital markets is anything but.
Stocks and bonds have pulled back since the Fed clarified its commitment to fighting inflation. Despite volatility, we believe equities will stay within a broad trading range and not retest earlier lows. Rising yields, particularly among spread assets, should make bonds appealing compared to equities.