Outlook – Second Quarter 2023
Author: Jonathan Unwin, Asset Management & Advisory
In our latest Outlook, we reveal our thoughts on the March banking crisis and whether it was symptomatic of wider problems for financial markets, while outlining our current asset allocation views. With markets seemingly still transfixed on central bank policy above all else, the path of inflation is again at the foremost of our minds and looks set to dominate market sentiment.
“ While a likely tightening of credit conditions coupled with an elevated period of interest rates does not bode especially well for risk assets, we are more than aware that markets can remain detached from macroeconomic fundamentals for very long periods, and therefore being underinvested can be very costly.”
JONATHAN UNWIN – Q2 OUTLOOK
