Higher government spending, not inflation, may ultimately be what heats up the U.S. economy.
Long-term secular forces will likely keep interest rates low and be supportive of equities.
The recent sell-off in equities may be an old-fashioned temporary market risk-off event.
Reports of the demise of the U.S. Treasury rally may be premature.
In our view, the balance of evidence still favours large caps for now.
This bull market won’t live forever, but signs point toward a continuation into 2018.
Krishna Memani discusses the markets, growth prospects, and the Fed on Bloomberg Radio.
Emerging markets and Europe offer attractive valuations and growth potential.
The European Central Bank may be ready to end its quantitative easing programme.