Insights

August 18, 2022

The risk that a hawkish Fed produces a policy mistake

Stung by the persistency and level of inflation and the accusation of being behind the curve the Federal reserve has cranked up its hawkishness
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August 18, 2022

When does a bear become a bull?

Movements in US 30s/10s curve generally lead 10s/2s despite focus on 10s/2s
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August 18, 2022

US EPS forecasts – glass half full or empty?

Consensus EPS growth forecasts have been resilient - is this reassuring or highlighting the risk that an EPS downgrading cycle is yet to commmence?
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August 18, 2022

US equity market experiences one of its largest PE de-ratings in 30 years

The scale of decline in valuations was one of the largest de-ratings witnessed in 30 years
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August 18, 2022

FT Wilshire 5000 delivers strongest monthly rally since November 2020

The 9.6% return in July was driven by a rotation to growth stocks
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