Quarterly Outlook
Fixed Income Outlook: Bonds Hit Reset. A New Equilibrium Emerges
Althea Spinozzi
Head of Fixed Income Strategy
Summary: Today we note the extraordinary divergences in equity market internals, as value stocks of all stripes (whether they truly qualify is another issue..) are up while momentum and the most speculative stocks have suffered a notable drawdown recently. Clearly, it's all about the rise in yields and fears of incoming inflation - so we look at how stocks have performed historically in an inflationary regime, look at FX and commodity developments and more. Today with Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX.
Listen to today’s podcast and have a look at today’s slide deck.
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