Midyear Outlook: Time for All-Weather Investing
Powerful trends have transported the world’s major economies back to where they stood just before the pandemic: firmly in late-cycle territory.
Powerful trends have transported the world’s major economies back to where they stood just before the pandemic: firmly in late-cycle territory.
As investors mull the increasing odds of a U.S. recession, data out last week confirmed a recent weakening in the economy.
With a 75-basis-point (bps) rate hike, the biggest single move in nearly three decades, the U.S.
On the heels of a 40-year high inflation print and decade high University of Michigan inflation expectations, the Fed voted to raise rates by 75bps at its June meeting.
Last Friday, the May CPI report showed that inflation, as measured by the Consumer Price Index (CPI), increased 8.6% y/y.