Ignore the noise and follow the signals

Seize opportunities outside of US

When bad news is good news on Wall Street, investors should take heed.

Whether it is collapsing banks or the exact form of the impending economic landing, market participants are using any piece of information to cling to the hope that Jay Powell is about to embark on a dramatic ‘Fed pivot' to trigger an extended relief rally.   The reality is that a return to ultra-low rates will not fix our current economic challenges, and if the Federal Reserve really wants to tackle inflation, we may actually be facing a ‘high-for-longer' era.    Earnings degradation  Rather than deliberating on the future of monetary policy, we think global investors should put th...