Quarterly Outlook
Equity outlook: The high cost of global fragmentation for US portfolios
Charu Chanana
Chief Investment Strategist
Summary: In this long-form update, we look at how the market has lurched into full complacency on the unprecedented prospect of a Fed rate cut and QE arriving even as the US equity market is trading at all time highs. There are some questions yet to be answered in the months head if the current narrative is to hold - certainly volatility looks very suppressed.