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Capital Market Outlook

September 27, 2021

IN THIS ISSUE

  • Macro Strategy — Supply-Chain Strains Reflect A Rapidly Changing Economy: The speed, scale and scope of the government-led Energy sector transformation suggest more supply discontinuities should not be surprising ahead.
  • Global Market View — Investing in an “Everything Expensive" Market: Higher valuations may persist for Equities due to higher-quality, robust margins and lower interest rates.
  • Thought of the Week — The Rise of Retail Traders: A new Equity culture is building out in the U.S. and contributing to the current secular bull market.

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