Market Perspectives

Markets changed character to broad-based optimism relating to the economy. The economic picture began to come into focus with inflation continuing to moderate as the economy maintains steady growth and employment. The result was a stark turnaround for economically integrated or interest rate sensitive assets, which resulted in a great quarter for diversified multi-asset portfol ...

  Inflation is tempering, and the economy is gradually slowing, but AI fueled stock returns have pushed markets to new highs. The question remains how much longer can a concentrated market outperform more diversified markets with potentially better value. The strong dollar and uncertainty about future interest rates and long-term inflation are further causes for concern. It’s ...

The market has been highly tuned to news from the Fed or developments in artificial intelligence technology to set expectations. Meanwhile, the robust U.S. economy continued to drive optimism in global markets despite stubborn modest inflation. Despite recent volatility, talk of recession has disappeared behind strong economic news and optimism over AI. But in the journey to re ...

After two years of fighting inflation amid fears of recession, markets and policy makers appear unified in their sanguine outlook. While interest rate increases designed to slow economies may well be nearing an end, markets are never without risk. The final quarter of 2023 marked a change in expectations, and economic inflection points are a time to think deeply about what’s dr ...