A More Turbulent Path for the Fed

Even though it has slowed the pace of rate hikes, the Fed remains dependent on incoming data and has acknowledged that interest rates may need to go higher and stay higher for a prolonged period, which is a headwind for the economy. The aftereffects of…

How Value Can Flex to Shifting Market Dynamics

Markets have started 2023 strongly as some of the headwinds that dominated markets in 2022 have started to dissipate. Combined, this has caused market consensus to lower the probability of a synchronized global recession in 2023. That said, although th…