Michael takes a close look at the question of rising committed and unspent capital in private equity, and implications for investors.
Themes and implications from the Global Equities Investors Quarterly
North America, Europe, Middle East, Africa, Central America, South America, and Asia
Michael Cembalest analyzes the performance of over 6,700 domestic and international active equity managers, and discusses the challenges they face outperforming at a time of markets distorted by quantitative easing.
It was another rollercoaster ride for equity markets but this time ending on a high note, with the S&P 500 Index delivering a thrilling 13.6% return in the first quarter, the best start to a year since 1998.
A brief note on the latest price action in equity markets, how business cycles end, and how markets are being left to fend for themselves without central bank intervention for the first time in 20 years.
The current U.S. earnings growth downcycle has been largely consistent with the recent deterioration in macroeconomic momentum.
The S&P 500 could hit 10,000 by the mid-2030s
Themes from the quarterly Quantitative Beta Research Summit