In this latest issue of our monthly ‘Market Perspectives’, the experts of our Macro & Market Research Team focus among other topics on:
- A prospective economic boom into spring/summer, the clearing of tail risks and an impending US fiscal stimulus still bode well for risky assets.
- Yet with parts of the markets looking frothy, correction risks require more vigilance. Elevated Covid-19 cases in Europe and tighter lockdowns on new mutations may test investors’ recovery hopes. A looming spike in US inflation may test central
banks’ yield curve control and valuations alike.
- We retain our pro-risk tilt, but slightly trim Credit and Equity overweights. Setbacks may offer buying opportunities into the spring economic acceleration.
Download the full report and listen to the dedicated Podcast by Vincent Chaigneau, Head of Research, summarizing the key views.