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Capital Market Outlook

June 1, 2021

IN THIS ISSUE

  • Macro Strategy — Inflation Fears Create Ambiguous Market Signals: The economy will likely continue to expand even though much-higher-than-consensus inflation will take increasing bites out of real growth.
  • Global Market View — Global Catalysts to Watch: We identify key global developments to watch and potential catalysts that might drive markets going forward.
  • Thought of the Week — What Fed Tapering Could Mean for Equity Markets: It may be instructive for investors to review past patterns of market return around the initial stages of Federal Reserve tightening.​

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