Outerblue Convictions - Global Investment Views: Rally fatigue: dichotomy between markets and economy too wide
Outerblue
00:00
Do You Agree or Diverge From These Market Views?
We continue to see a progressive deterioration in the combination of GDP and inflation prints. When it goes to the central banks, we do not believe they will cut this year. We maintain our expectation on terminal rates, meaning 525 for the Federal Reserve and 3.5 for the European Central Bank. Last but not least, EPS. Yes, we do believe and actually we are seeing these prints in the latest reporting season that some sectors are already into session.
Play episode from 01:40
Transcript
