Trade policy is of first-order importance in a more connected world, and markets have been reacting nervously to U.S. trade disputes.
Learn about the important topics covered in the Outlook and their potential impact on broader markets. Michael Cembalest touches on topics including: the global banking system, oil markets, the credit risk of US states and credit market liquidity.
Market sentiment towards the Chinese currency has shifted significantly
What do our long-term growth and inflation forecasts say about today’s economy?
Bond yields remain at or near historic lows around the world, leading to a substantial increase in the value of pension plan liabilities.
The world economy stands on the brink of a massive swing in savings, driven by global aging. Learn how growth and interest rates could be affected.
Equities continue to look attractive relative to fixed income, and could very well move higher in the short-term given firmer economic data and a Fed on hold.
As we compiled the 2018 edition of our Long-Term Capital Market Assumptions, the world economy has enjoying its best period of synchronized growth in more than a decade.