by Oussama Himani | Jun 20, 2022 | Markets |
Markets are being driven by two interrelated risks. The first is inflation, and its implications for consumers and producers. The second is the risk of a recession – specifically whether the Fed can succeed in squashing inflationary pressures without triggering a...
by Oussama Himani | May 2, 2022 | Markets |
CIO Office Market Update The war in Ukraine continues, with little visibility on its likely duration and outcome. Economic policy uncertainties have started to decline, while uncertainty regarding economic outcomes has increased. It is now clear that sanctions imposed...
by Oussama Himani | Dec 21, 2021 | Markets |
Looking back at 2021, markets have performed as a textbook case study of an economic recovery. Equities performed strongly as valuations improved with strong earnings. Fixed income assets performed poorly as yields rose from very depressed levels. But there was...
by Oussama Himani | Jun 4, 2021 | Markets |
Inflation expectations have rattled markets this year. Headline inflation rose sharply. Commodity prices skyrocketed. Supply chain bottlenecks are raising producer prices. Are inflationary pressures indeed taking hold as the US economy recovers from the Covid shock?...
by Oussama Himani | Dec 17, 2020 | Markets |
As 2020 comes to an end, the extreme uncertainty that defined the outlook over the past year is subsiding. There are many questions about the speed with which the Covid-19 vaccines can be made available across the world, but the high estimated efficacy rates imply...
