The investment outlook for 2019: Late-cycle risks and opportunities
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.
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
With the U.S dollar having strengthened 6.6% in the last six months, investors are beginning to question whether the dollar has fundamentally changed direction after declining in 2017.
Top questions on the minds of investors. See what your peers are asking and read answers from our team of Global Market Strategists.