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Capital Market Outlook

September 13, 2021

IN THIS ISSUE

  • Macro Strategy — Investing for High Inflation: Recent developments in labor costs and home prices indicate that inflation will likely surprise to the upside for the foreseeable future.
  • Global Market View — Risk Dashboard Update: A variety of emerging macroeconomic risks should be monitored by investors as we head into the end of the year.
  • Thought of the Week — One Thing Not in Short Supply: Cash: The amount of liquidity presently held by U.S. corporations and American households – on an absolute or relative basis – ​has never been higher.​

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