Market downturn, bear market
In this year���s Holiday Eye on the Market, Michael records a note to his spouse on her father, the 2020 US Presidential election, and what might be the widest ideological divide in 100 years.
Need more Guide to the Markets? Access an additional collection of Guide to the Markets slides, updated on a quarterly basis.
Podcast on the challenges participants are facing today
Michael takes a close look at the question of rising committed and unspent capital in private equity, and implications for investors.
The S&P 500 could hit 10,000 by the mid-2030s
Investors are concerned about the deterioration of corporate debt quality, marked by lower credit ratings and a large share of covenant-lite issuance in the loan market.
This piece explores key themes from our Guide to the Markets, providing timely economic and investment insight.
For the first time in 20 years, markets will have to survive without support from central banks.
Michael discusses how short covering, rather than real money, has driven the fastest recovery on record following a bear market, and looks ahead at slowing earnings growth.