LC Investment Playbook Weekly Update

Macro Highlights

• A review of the current environment and market expectations across US, Europe, UK, China and India.
• Inflation might be sticker than expected
• US Labour Market- Still very tight

‍

Fixed Income Highlights

• A review of US and EU long term rates and credit.
• Near term spreads close to inversion.
• 50 bps or 75 bps in Dec?
• Up, up and away-Fed Peak rate estimate.

‍

Equity Highlights

• A review of the current environment and outlook of US, Europe, China and India equity markets.
• Oil firms and windfall taxes.
• More Earnings Downgrade likely after Midterm.
• Considerable slowdown in PE deal-making.

‍

Forex, Commodities & Alternatives

• A review of commodity and FX pricing and rates.

‍