The US economy likely grew at its fastest rate since the start of the expansion in 2009, yet earnings forecasts are now falling at the fastest pace since 2009. The catalyst: fracking oil prices.
While all eyes remain on European deflation, don’t be surprised to see US headline inflation post a negative print in the coming quarters. The implications for global yields and asset prices could be significant.
What can past market crashes teach us about the current one?
The markets have largely recovered since the March selloff, but most would agree we're not out of the woods yet. The COVID-19 pandemic isn't close to being over, so it seems that volatility is here to stay, at least until the pandemic becomes less severe. Q2 2020 hedge fund letters, conferences and more At the Read More