Quarterly Outlook
Equity outlook: The high cost of global fragmentation for US portfolios
Charu Chanana
Chief Investment Strategist
Chief Investment Officer
Summary: Today's FOMC meeting is the most important one yet seen in 2018 as the Fed must deal with potentially damaging yield levels and a demanding rate hike schedule. Adding to this, we have the rally in energy prices, which means that there are now two very strong forces taxing the US consumer.