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Market Outlooks
Global Weekly Commentary: Energy shock spurs Europe's recession
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The energy crunch will drive a recession in Europe, as we’ve argued since March. The crisis has worsened since then as Russia has halted gas supplies.
Market Outlooks
Global Weekly Commentary: Recession looms as regime takes root
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We’ve argued for a while that we’re in a new macro regime. Central bankers at the recent Jackson Hole forum started to recognize this reality.
Market Outlooks
Economic and Commercial Real Estate Outlook: Bracing for Uncertain Times
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Global economic outlook now fraught with risks.
Market Outlooks
Global Weekly Commentary: Caution: earnings under pressure
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We see company earnings deteriorating amid a rotation in consumer spending and a sputtering restart. This is partly why we remain cautious on stocks.
Market Outlooks
Global Weekly Commentary: Why we like credit over equities
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We prefer investment grade (IG) credit over equities on a tactical horizon as we see a new market regime with higher volatility taking shape.