This quarter we discuss our work navigating a global equity rotation from defensive-driven leadership to cyclical-driven leadership.
- We analyze economic growth trends and our belief that we are in the closest thing to a synchronized global upturn that we’ve seen in years.
- We discuss three liquidity shocks are impacting asset prices: China devaluing the yuan, divergent monetary policies, and changing US money market fund rules; and
- We look at how far cyclicals have run, making us attuned to any potential flare-up in liquidity shocks.
Download the full report to learn more.