2018 has been another year of American exceptionalism in equity markets, with our enthusiasm tempered by the tech-dependence of equity returns, high valuations, fading stimulus and constitutional/tariff risks.
Updated each quarter, the Guide to the Markets illustrates a comprehensive array of market and economic trends and statistics.
A new trade announcement from the Trump administration has comprehensively overshadowed the Federal Reserve’s first rate cut since the financial crisis. What impact will the most recent round of tariffs have on the economy and on markets?
LTCMA 2019 Theme: Smaller cycles in a trend: The growing stability of the global economy.
The performance of the US dollar significantly diverged from relative rate spreads
Trade policy is of first-order importance in a more connected world, and markets have been reacting nervously to U.S. trade disputes.
Updated each quarter, this piece explores key themes from our Guide to the Markets, providing timely economic and investment insights.
Time-tested projections for resilient portfolios
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.