Insights

The near-term investment outlook remains somewhat murky. Investors are grappling with numerous issues: the war in Ukraine, COVID-related lockdowns in China, volatility in commodity markets, inflation at multi-decade highs, rising bond yields...

Financial market and commodity price volatility have become more subdued in recent weeks, while bond yields and equity markets have continued to grind higher.

This year is shaping up to be a tug of war between two forces: the negative pressure on asset valuations caused by an expectation that interest rates will rise, versus the positive effect of expected above-average earnings growth.

Global equity markets continue to digest a number of issues that have paused the markets’ upward momentum. Supply chain bottlenecks that are plaguing multiple industries, and are exacerbating inflationary pressures which were already creating unease

Global equity markets have gradually shrugged off some of the uncertainties created by the discovery of the new Omicron variant a few weeks ago.