LC Investment Playbook Weekly Update

Macro Highlights

• A review of the current environment and market expectations across US, Europe, UK, China and India.
• Governments debt burden To surge.
• “Soft Landing”: Wishful Thinking?
• US Personal Savings Rate- Gravity in action.
• US Labour Market- Clear signs of weakening.
• US Core PCE-Likely to slide.

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Fixed Income Highlights

• A review of US and EU long term rates and credit.
• US Economy- Heading towards a recession.
• US High Yield Spread-Complacency sets in.

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Equity Highlights

• A review of the current environment and outlook of US, Europe, China and India equity markets.
• Time to exit oil stocks.
• Too early to call the bottom.
• China Zero Covid Policy: End in sight?

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Forex, Commodities & Alternatives

• A review of commodity and FX pricing and rates.

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