2014 Mid-Year Investment Outlook
Risk assets are grinding higher and volatility is extraordinarily low. Nominal economic growth is subdued (but rising) and monetary stimulus still plentiful.
What are the implications of the first post-crisis divergence in central bank strategy? And what does life after zero (rates) look like? We debated this at a New York gathering in mid-June and updated our 2014 Investment Outlook Squeezing Out More Juice.
The eight-page piece includes specific investment recommendations, updated probabilities on market scenarios and key market themes (and risks).