Capital Market Outlook
February 5, 2024
IN THIS ISSUE
- Macro Strategy — Global Economy Landing Softly: The more-resilient-than-expected emerging market economies and government efforts to boost the flailing Chinese economy has also raised confidence in a soft landing at the global level.
- Market View — Fed Pivot May Provide A Soft Floor For Markets, But Slightly Increases Inflationary Risks: If the Federal Reserve succeeds in achieving a soft landing, that may be positive for risk assets as evidenced by the outperformance of Equities after the mid-1990s soft landing.
- Thought of the Week — Five Charts on Small-caps: The case for Small-caps is building with the opportunity to play catch up ahead continues.