50 min view I Date: 19 April 2022
Investors began the year grappling with monetary policy uncertainty and inflation threats, coupled with geopolitical uncertainty and escalating conflict in Eastern Europe. More recently, the markets embrace new economic signals from the Fixed income markets, with the yield on 2-year US Treasuries rising above the 10-year yield in late March. Despite the recent volatility, it’s important to note that the current economic conditions look more benign than during the years of stagflation in the 1970s with earnings growth still remaining resilient, and in our base case, we still expect upside for equity markets to remain balanced over the year.
In our recent webinar (15 April 2022), we discussed Managing Risk in a Complex World. Watch this valuable sharing.