LC Investment Playbook Weekly Update - 9 December 2022

Macro Highlights

• A review of the current environment and market expectations across US, Europe, UK, China and India.

• Market anticipates inflation to decrease.

Fixed Income Highlights

• A review of US and EU long term rates and credit.

• China RE $Bonds rebounding amid supports‍

Equity Highlights

• A review of the current environment and outlook of US, Europe, China and India equity markets.

• Fund managers are betting on a soft landing.

• A Bear Market bounce?

Forex, Commodities & Alternatives

• A review of commodity and FX pricing and rates.

• Blackstone gates Its Real Estate Flagship Fund